How it works
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A factoring company receives a submission from a potential client.
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The client checks off all the boxes to qualify for factoring—except they have loans and MCAs.
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The loans and MCAs come with UCC filings and daily/weekly payments, preventing the factoring company from moving forward.
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The factoring company refers the client to FundingCue.
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If the client qualifies for our product, we pay off the advances, remove the daily/weekly payments, and eliminate the UCCs.
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FundingCue takes the first-position UCC lien, which we then subordinate to the factor— allowing the deal to move forward.