Clicky

Turn Your Invoices Into Cash Today

Z

Quick Funding (24 hours)

Z

Low Fees

Z

Free Application

invoice factoring company reviews

Orange Commercial Credit Invoice Factoring Review

Orange Commercial Credit Invoice Factoring Review

Overview

Orange Commercial Credit is an invoice factoring company that was founded in 1979. It is based in Olympia, WA, and works with companies in the manufacturing, small business, staffing, and trucking industries. In addition to invoice factoring, they also offer collections, credit reports, digital invoices, fuel card programs, and more.

Pros

One of Orange Commercial Credit’s strongest aspects is 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.

Orange Commercial Credit is also strong in that their website is easy to use and has helpful information explaining what factoring is, how it works, and how companies can benefit from it. Our research indicates that companys with better websites are more likely to have high marks for customer service and satisfaction.

Finally, 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.

Cons

However, there are some issues with Orange Commercial Credit. The first is they only offer recourse factoring. This means if a client doesn’t pay their invoice the factoring service will charge back their initial funding, an event which can leave many businesses in a capital crunch.

Orange Commercial Credit 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. s that lack transparency are more likely to have customer 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.

Verdict

Orange Commercial Credit is a middle of the road factoring company. They offer some good services, but the huge range in their advance rate, 75-95%, and the failure to give any baselines for fees and discount rates means that they aren’t quite in the top group yet.