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FirstLine Funding Group Invoice Factoring Review
Overview
FirstLine Funding Group is a facotring service based in Madison, SD. They work with the government contractor, manufacturing, oil and gas, and trucking industries. In addition to invoice factoring they provide collection services, credit reports, digital invoice management, and more.
Pros
One of FirstLine Funding Group’s strongest advantages is they provide fast cash for companies that are facing cash issues. This can help a business grow by providing it the capital needed to complete more advanced and lucrative projects.
FirstLine Funding Group is also strong in that they offer 24 hour funding, which ensures that your business will have the resources on hand to grow your business, complete projects, and meet your payroll obligations, which can be a burden for some businesses.
Finally, they received excellent marks for customer service. We found their representatives to be well informed and knoweldgeable, and were able to answer our questions. Better customer service usually leads to better customer satisfaction according to our researc
Cons
However, there are some issues with FirstLine Funding Group. The first is they fail to provide clear, detailed information about important aspects of their services, forcing businesses to call them for more details. Our research generally equates this with lower marks for customer satisfaction and service.
FirstLine Funding Group also suffers because 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.
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
FirstLine Funding Group doesn’t seem like factoring is their primary market. Their website is buried in the pages of a bank’s page, and doesn’t contain any useful information. We recommend looking elsewhere for invoice factoring.