Pros

One of Sterling Commercial Credit’s greatest attributes is 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

Sterling Commercial Credit also shines 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 don’t have the same fees many other factoring services rely on. As a result, they gain a few points in our review because fewer fees means simplier and more predictable pricing for customers, which is a much better business situation.

Cons

However, there are some issues with Sterling Commercial Credit. The first is they don’t have very many flaws for us to discuss, they have more infomration than many companies, though we would still like to see more, and their discount rate range is higher than average, but these are not major dealbreakers for Sterling.

Sterling Commercial Credit also loses points because they have one of the higher discount rates out of the companies we looked at, and that means that companies are paying more for factoring services. As a result, they’ll have less capital to develop and grow their business.

Finally, 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.