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Firmco Business Funding Invoice Factoring Review
Overview
Firmco Business Funding is an invoice factoring service based in Salt Lake City, UT. They focus on the healthcare industry and provide many different receivables based financing options for their customers.
Pros
One of Firmco Business Funding’s best features is they provide invoice factoring services for companies in a range of different industries. As a result, they have the experience that your business needs when it comes to dealing with your specific cash flow situation.
Firmco Business Funding has the added benefit of the fact that they will frequently provide funding on factored invoices within 24 hours. This speed of deposit can really help protect the revenue stream of your business, and ensures you have the capital you need to complete projects and grow.
Finally, they had solid reviews from cutomers relating to their customer service. Invoice factoring companies with strong customer service also frequenty had better scores for customer satisfaction.
Cons
However, there are some issues with Firmco Business Funding. The first is their website leaves much to be desired. It is difficult to navigate and doesn’t have the features or information that one would expect when researching invoice factoring companies.
Firmco Business Funding also loses points because they don’t have much or any information on their site regarding pricing on contract information. As a result you’ll have to get in touch with them if you’re considering their factoring services. much or any information on their site regarding pricing on s that lack transparency are moer likely to have customer service satisfaction issues.
Finally, they don’t offer many of the services or features that companies interested in invoice factoring are looking for. This limits their appeal to a select group of companies, and knocks them down a bit in our review.
Verdict
Firmco Business Funding doesn’t have what it takes to compete with the best invoice factoring companies. Their website is almost useless and the lack of pricing information makes it impossible for us to recommend them.