After sending an invoice to your customer, simply submit the invoice number, date and amount on Keystone’s online portal. Keystone will then verify the invoice and wire a 70%-90% advance to your bank account. When Keystone receives payment from your customer, the remaining balance minus the factoring fee* will be wired to you as a rebate. Repeat this process with new invoices as needed.
*The factoring fee is based on how long it takes the invoice to pay and is deducted from the invoice at time of receipt. There are no out of pocket expenses such as interest, points, or origination fees.