How to Run as Small Factoring Business
Delivery of Funds Select one the following as your default delivery of funds method. ___ 1. ACH direct deposit. Funds appear in your account 1-2 business days following the transfer. No charge. ___ 2. Bank wire. Funds usually appear in your bank account the same day as transfer though this is not guaranteed. $____ is deducted from the amount wired plus an additional deduction is made by the receiving bank. ___ 3. Check  ___ a. Client pick up. No charge ___ b. Regular first class mail. No charge ___ c. FedEx next afternoon delivery. $____ charge. For ACHs and Bank Wires: Name of Bank:	________________________________________  Bank Routing #:	________________________________________  Account #:	________________________________________  Name of Account:	________________________________________  Bank Address:	________________________________________  Bank Phone #:	________________________________________  - - - - - - - - - - - - Please complete the following in addition to the above. At least one person must be authorized to sign the Schedule of Accounts form. Company Name:	________________________________________  Authorized Person 1:	________________________________________  Authorized Person 2:	________________________________________  Approved by:	________________________________________  Date:	________________________________________