Frequently Asked Questions
Just about any valid business-to-business invoice for services performed or product delivered.
Your customer must be creditworthy and your product or service must be completed, delivered and accepted by that customer.
You continue to bill normally. Checks may be made payable to you but mailed to the factor.
Yes. Factors handle a considerable amount of government or municipal-related receivables.
Your customers will think that you have the full support of a federally insured bank, Amegy Bank.
With the Amegy Bank of Texas progam you control the fees. Typically, the cost will range from 1% to 3% depending on when the invoice is collected.
No. Finance one invoice or as many as you need to meet your cash flow needs. Stop when you wish or continue as needed.
Yes. That's another advantage of utilizing this service. Factors often make arrangements with the IRS or the courts.
Yes. Factors can complement and work in cooperation with your existing lenders.
Amegy Bank requires a simple, two-page application and can begin to provide cash assistance to a business within 7 to 10 working days.