Factoring for Supplemental Educational Providers

Factor Finders can provide working capital for supplemental educational service providers. These providers offer additional educational instruction to middle and high school students outside of the regular school day. The No Child Left Behind Act of 2001 has yielded an increase in supplemental services needed to ensure students from impoverished districts receive a quality education. 

Most supplemental educational services extend 60 day credit terms to school districts, but leave themselves without enough working capital. Factor Finders offers factoring for supplemental educational providers to help providers increase cash flow and take on bigger contracts. 

State agencies contract supplemental providers, but pay them on generous credit terms. While providers are waiting to collect payment, they often lack the cash needed to pay teachers. 

Factor Finders has Expert Knowledge on the Supplemental Educational Services Industry 

Factor Finders regularly funds the supplemental educational services industry and understands its specific invoicing procedures. We evaluate your invoices and advance you 80% to 90% of their value within 24 hours. Providers use this cash to operate their businesses, pay employees, and invest in marketing. 

Factor Finders evaluates the credit worthiness of a company’s client when making funding decisions. Companies with poor credit or short financial track records qualify for factoring. Since supplemental educational service providers contract with the state agencies, we assess the state’s ability to pay the invoice. 

Supplemental Providers Can Secure Financing with Factor Finders today 

Factor Finders’ factoring for supplemental educational providers is flexible and efficient. Accounts are established in 3 to 5 business days. Our accounts managers will explain every step of the process: 

1. Fill out a short application.
2. Send us an accounts receivable aging report.
3. Forward a customer list with credit limit request.
4. Sign official documents.
5. Submit invoices to factor. 

Complete an application online, or call 1-855-FACTOR-1 to learn about our financial solutions for every major industry.