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North Mill Capital Invoice Factoring Review
North Mill Capital is an invoice factoring service based in Princeton, NJ. They work with many industries, including construction, distribution, tech, manufacturing, small businesses, service, textiles, trucking, staffing, and more. In addition to invoice factoring they offer collection services, credit reports, and online reporting.
One of North Mill Capital’s strongest aspects is they provide non-recourse funding, which means that there’s no risk of a chargeback if your client doesn’t pay their invoice. Non-recourse factoring provides a more secure revenue stream that recourse factoring, making it preferable in almost every instan
North Mill Capital is also strong in that they were praised by many customers for the quality of their customer service. This is a good sign, as companies that have good customer service generally also have better marks for customer satisfaction based on the research we did on invoice factoring companies.
Finally, they can help many different companies find the right factoring solution for their specific needs. This is because their service is very flexible and can accomadate the issues that many different businesses face.
However, there are some issues with North Mill Capital. The first is they don’t have a very good website, which is a red flag in today’s internet-obsessed culture. Oftentimes we found that a slow or bad website corrosponds to lower marks for customer service and satisfaction.
North Mill Capital 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 have higher fees than most of the other invoice factoring companies we researched. This can be a deal breaker for many business that are looking to invoice factoring because they have a problem with cash-on-hand.
North Mill Capital is an interesting choice for invoice factoring services. They have some great features like non-recourse funding, but they don’t have the information and transparency we expect from the best invoice factoring firms.