Frequently Asked Questions
How are you able to work with such small clients? Most factors usually turn them away.
We intentionally operate with extremely low overhead. We are a virtual company working from home offices and keep our expenses to a minimum. Larger factors who work in big office buildings with hefty payrolls have a high break-even point to make a profit, and thus need clients with larger volumes to make factoring worthwhile. We don’t have those burdens and are small by choice.
We prefer to give extremely personalized service to select clients, rather than take on as much business volume as possible. We have found this to be preferable both for us and the clients we accept.
We intentionally operate with extremely low overhead. We are a virtual company working from home offices and keep our expenses to a minimum. Larger factors who work in big office buildings with hefty payrolls have a high break-even point to make a profit, and thus need clients with larger volumes to make factoring worthwhile. We don’t have those burdens and are small by choice.
We prefer to give extremely personalized service to select clients, rather than take on as much business volume as possible. We have found this to be preferable both for us and the clients we accept.
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How do you give such personalized service?
We are a small business and you work with the principal of the company from start to finish. There are no employees here with large case loads to manage and for whom this work is “just a job.” You have the personal attention of the owner and office manager with every aspect of the factoring relationship. As such we limit the number of clients we accept so that we are not overwhelmed with account management responsibilities and can give the best service you will find anywhere. |
"Factoring with Dash Point is a very cost effective way of running my business and eliminates a load of worry." |
Do you accept clients from any specific geographic area?
While John is located in Tucson and Anne is in Rhode Island, we accept clients anywhere in the 50 U.S. states.
While John is located in Tucson and Anne is in Rhode Island, we accept clients anywhere in the 50 U.S. states.
Do you accept referrals from brokers?
Yes. We have a Consultant Packet with all necessary information which is available for downloading here. We pay generous commissions on a monthly basis for the life of an account.
Yes. We have a Consultant Packet with all necessary information which is available for downloading here. We pay generous commissions on a monthly basis for the life of an account.
Are there any industries you do not factor?
We do not deal with construction or trucking receivables, nor medical receivables billed to insurance companies or private individuals. We do fund medical invoices billed to hospitals and creditworthy businesses.
We do not deal with construction or trucking receivables, nor medical receivables billed to insurance companies or private individuals. We do fund medical invoices billed to hospitals and creditworthy businesses.
What happens if my company becomes too large for you to continue factoring?
We have contacts with numerous factoring companies and will either 1) have another participate with us in funding your account (which will be transparent to you), or 2) refer you to a larger factor. Either way we are confident you will continue to receive excellent service.
We have contacts with numerous factoring companies and will either 1) have another participate with us in funding your account (which will be transparent to you), or 2) refer you to a larger factor. Either way we are confident you will continue to receive excellent service.
How are you funded?
We are funded primarily with private financing. This means we are not constrained by requirements or restrictions that banks often impose, nor are we vulnerable to unexpected or sudden withdrawal of operating funds as are companies funded completely by banks.
We are funded primarily with private financing. This means we are not constrained by requirements or restrictions that banks often impose, nor are we vulnerable to unexpected or sudden withdrawal of operating funds as are companies funded completely by banks.
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