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Dove Financial Services LLC
If a factor buys my invoice, who bills my customer?
We bill the customer and follow up to ensure payment.
Why would a company sell their receivables?
Companies that find cash flow as a recurring problem often can’t afford to have cash tied up in receivables for 30-45 days. They need the cash to meet immediate present financial demands of their business.
Is factoring a type of loan?
No, it is the purchase of receivables rather than the use of those receivables as collateral.
When do I get paid?
Usually within 24 hours.
What are the fees?
DFS charges a flat 4% of the face value of the invoice.
Do I need to sell all of my invoices?
No, sell when you want or need to!