How It Works

At Velocity, our goal is to create a convenient factoring service that adds benefit to your company, not hassle. You have enough to worry about. 

As shown in the graph above, you complete the job and invoice your customer as usual, submit the invoices you would like to fund, and Velocity takes it from there. We will review and confirm your invoices, fund your advance, monitor your invoices, perform any needed collections, and process the payments from your customer. 

In addition to our dedicated, easy-to-get-hold-of account management, we also use top of the line factoring software that offers you an excellent online portal experience to stay connected with your account anytime, anywhere. 

Our online portal provides real-time information, reports, payment images, collection notes, and status of your overall account as well as the individual invoices. Any activity on your account is available to you at the push of a button.  It’s important to us that we provide our clients with not only excellent service and communication but also access to accurate, transparent reporting.