How to Factor Your Receivables

Factoring is a simple way to improve your company's cash flow without taking on any new debt. With factoring you are selling your accounts receivable to a factoring company. Here is how you do it:

  1. Request credit approval
  2. Ship merchandise or provide a service to your customers
  3. Invoice your customers
  4. Submit invoices to factoring company
  5. Receive funding for your accounts receivable

How to request credit approvals (for new accounts)

  1. Login to our web page
  2. Select "New Account Online Approvals"
  3. Enter required contact information along with a dollar amount
  4. Optionally, you may also enter credit references
  5. Wait for our response via e-mail, usually takes about 30 minutes

How to request credit approvals (for previously factored accounts)

  1. Login to our web page
  2. Select "Online Approvals"
  3. Enter account number along with a dollar amount
  4. Verify that everything is correct
  5. Either receive instant approval or wait for our response via e-mail

How to submit an invoice for factoring

  1. Stamp or type the DSA stamp onto the invoice
  2. E-mail invoices and backup documents to invoices@dsafactors.com
  3. Invoices received by noon Central time are funded the same day
How to submit an invoice for factoring

Online Reporting Tools.

DSA Factors gives you easy access to real-time data to help manage your business. Tools and reports include:

  • Account Search
  • Account Info and Statement
  • Ager
  • Approval Lookup
  • Previously Paid Transmittal Sheets
  • Sales Report
Online Reporting Tools

Have a Question?

At DSA Factors we are always available to speak with you. Feel free to send us an e-mail, chat with us on our web page, or give us a call at 773-248-9000. As a family owned business, one of our principals will always be available to speak with you.

Have any questions?

Contact Us Today

DSA Factors - Money to Make Your Company Grow!

PO Box 577520
Chicago, IL 60657

 773-248-9000

 773-248-9005

 info@dsafactors.com

 

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DSA Factors
International Factoring Association