What does Accounts Receivable (A/R) Financing mean?
A/R Financing is Asset-Based type lending where you receive financing based on the amount of your Total Gross Billings.
What are your Advance Rates on Accounts Receivable Financing?
Up to 100% Advance for all the Time and Material Billings based on the individual needs of each client.
What is the Maximum Amount that can be borrowed?
HSF provides a virtually Unlimited Credit Limit for Total Gross Billings, from $60,000 a week to over $1,000,000 a week.
What information do I need to be submitting for a Proposal?
We need P&L’s and Balance Sheets for the last 24 months and a Confidential Personal Profile for Each Owner.(The Profile is found on the "Get Started" page of our website)
How quickly can ITFS respond to my needs?
Once we receive your information, a Proposal will be provided to you within Three Business Days.
Do you only Finance Staff Augmentation Companies?
Yes! ITFS prides itself on having industry specific knowledge of Contract Staffing Companies.
Can you provide References?
Yes - However, references are only provided on an individual basis to maintain Total Client Confidentiality.
How long has ITFS been in business?
For over Twenty Years ITFS has been providing Funding and Back Office Support.
Is ITFS a Factoring Company?
ITFS is Not a factoring company; we are completely Transparent to your customers.
Does ITFS provide proof Of funding for Bids or Contracts?
Yes! ITFS provides this Important Letter for its clients to bid on those significant R.F.P's order and prospect.