The Client provides the Factor with the necessary financial statements and copies of invoices.

The Factor and the Client agree on the terms of the contract (i.e. specific invoices to purchase,
standard service fee, percentage of advancement, late payment penalties)

The Factor receives proof of deliverance and acceptance of goods or services from the Debtor.

The Factor requests that the Debtor send the invoice payments directly to the Factor.

The Factor advances the agreed upon percentage of purchased invoice to the Client.

The Factor collects invoice payments from the Debtor in full.

The Factor pays the remainder of the purchased invoices, net of the agreed upon service fee, to the Client.