three lines

Frequently Asked Questions

Company Information

Where is your company based?
Our company is headquartered in Wayne, Pennsylvania, and our customer service office is located in downtown Philadelphia. For information about contacting our company, please see:

Do you sell or share my data with third parties?
Never. We are committed to bringing our customers the highest quality service possible, and have utmost respect for the privacy concerns of our clients. We treat all information provided to us as completely confidential. As we are a direct funder, you deal directly with us; there is never an intermediary involved.

Do you have references I can contact?
We invite you to review our public client testimonials at
In addition to these testimonials, upon request we will provide references for companies in the same industry as yours and/or near your location. We encourage all of our potential clients to contact existing customers who we are confident will confirm the positive experiences they have enjoyed working with us.

How much working capital does 48 Factoring provide?
We provide working capital to match your demand for any sum in the $10,000 to $150,000 range. Our average funding amount is $32,000 per client.

How safe and secure are your website and the online application?
We are proud to use banking grade security (256 byte, RSA encryption) for our website connection. Simply click on the padlock icon located in your Internet browser for more details about our website and application security.

Do you see my online banking password during the online application or at any other time?
No, we do not. We only receive a listing of the last 90 days of transactions processed in your account and the last four digits of your account(s) number(s) from your bank. At no time do we receive, see, or store your online banking username or password.

Factoring 2.0

For what type of businesses do you provide working capital?
We provide capital for any type of small businesses with minimum annual gross revenue of $120,000 and one year in business.

How much working capital does 48 Factoring provide?
We provide working capital to match your demand for any sum in the $10,000 to $150,000 range. Our average funding amount for 2014 was $32,000 per client.

Is my personal credit history/score required to apply?
We do not base our decisions on your credit score. We completely understand the flaws in the credit scoring system and encourage business owners with so-called bad credit pursuant to conventional metrics to apply. With that said, it is sometimes necessary for us to confirm details via a credit bureau.

Why do you need my date of birth or Social Security Number?
In order to provide a no-obligation offer, we do need to run a background check on the business owner(s). In the case of common names, the date of birth or the last four digits of your Social Security Number can assist us in identifying the correct person.

Is there a personal guarantee or collateral required?
No, absolutely not.

Do I have to switch merchant providers?
No, you may stay with the provider of your preference.

Can I use the funds for personal use or just business-related expenses?
We provide funding for your business and assume that you will use that funding for business purposes.

Do you charge a prepay penalty if I want to pay the funds earlier than scheduled?
No, we do not. In fact, we can provide a discount on our scheduled fees in the case of an early repayment.

Fees & Repayment

What are your fees and terms?
We will need to review a minimum of the last 90 days of your banking transactions in order to provide an estimate of fees. For a new client, we typically provide terms of 4 to 6 months.

How do I pay back the funds?
We collect a fixed amount daily via the ACH system directly from your bank account. We will work with you during the closing process to arrive at a mutually agreeable daily amount.

What is the percentage per day that I have to pay back?
As mentioned previously, we charge a fixed dollar amount that is not based on a percentage.

Do you take money from my credit cards?
No, we do not.