Double Diamond Investments provides simple and fast accounts receivable factoring. Business owners, attorneys, investment bankers, consultants, bankers and accountants find us very helpful and recommend us to their clients because we offer:
- Fast cash funding from $75,000 to $2,000,000 monthly on receivables
- Purchase of accounts from any business type, including construction
- Immediate cash of up to 80% of the invoice amount
- Your choice of which invoices to finance/sell
- Bank to bank wire transfers
- Funding approval within 3-5 days of Application
In addition, there are:
- No legal fees
- No closing costs
- No operational audits
- No minimum or long term contracts
With immediate cash, you can purchase inventory today, meet payroll, expand or even renovate. Small, mid-size and growing companies can solve cash flow problems and achieve sustained growth using our simple and fast accounts receivable factoring program. Our executives have over 30 years of business experience in receivable factoring and have handled over a billion dollars in financial transactions. We are committed to excellence and pride ourselves on speed, accuracy, privacy and professionalism.
For more information, please call our Orlando, Florida office at (407) 389-5900
For other methods of contact, visit the contact page
When a business is undercapitalized, it makes no difference how strong sales are or how many customers require your services; the need for cash exists right now, not 45-60 days when the invoice is paid. Double Diamond Investments can convert all of your current and 30-90 day accounts receivable to an effective "cash sale", without changing any of your terms to your clients. Imagine the many advantages of your company if all your billings were paid the same day you invoiced.
- Take advantage of discounts offered to cash customers
- Credit would improve
- Pay nagging bills
- Start running the business vs. chasing after money
- Purchase materials to start new jobs
- Meet payroll with ease
- Motivate your commission sales force with timely payments
- Buy equipment as needed
Typically, we fund within 5 days of receipt of your application.
How much does it cost to factor/finance my Accounts Receivable?
Our fee is as little as 5% of the invoice amount. Rates vary depending on size of the line, number of accounts, and complexity of the billing process.
Are personal financials required?
No.
Are tax returns required?
No.
Will you fund businesses with a tax lien?
Yes, however we require an IRS subordination of which we will obtain for your benefit.
Do you offer non-recourse factoring?
Yes.
Do you require our customers to remit payment to your lock box?
Yes.
Do you purchase International Invoices?
Yes (on a limited basis).
Do you fund businesses less than 3 years old?
Yes.
Do you provide Aging and Collection reports?
Yes, on a weekly basis.
How often do you release our "Reserve" account?
Weekly.
How long does it take to receive funding on an invoice?
Typically 24 hours.
Do you charge a fee for credit reports (D&B reports)?
No.
Do you fund by check or bank wire?
All funding is done by bank wire.
How do I get started?
Call us today (407) 389-5900.
- If you provide a quality product or service to credit-worthy customers, you probably qualify!
- If your cash needs are between $50,000 to $2 Million, you qualify!
- No long-term contracts
- No points
- No line fees
- No audits or lending covenants
- No minimum line usage fees
- A copy of your current Accounts Receivable Aging
- A copy of your Articles of Incorporation (one page only)
- A sample invoice