MEET THE TEAM
Selecting the right invoice factoring partner is a critical choice for any business. This decision directly impacts your cash flow, credit decisions, and the punctual settlement of your obligations. Business owners typically seek a factor that not only provides rapid access to funds but also offers personalized attention to their requirements and maintains a high standard of professionalism in customer service interactions.
5 Days To Close
1 Hour Pre-Approval
5/5 Star Customer Service
5 Days To Close
1 Hour Pre-Approval
5/5 Star Customer Service
"Welcome to Spark Factoring. Our dedicated team is here to support your commercial construction and temporary staffing endeavors, ensuring your success through tailored assistance and comprehensive services."
At Spark Factoring, we are deeply committed to the commercial construction and temporary staffing industries. With over 30 years of dedicated service, our mission has been to provide tailored financial solutions to address the specific cash flow challenges faced by construction contractors and subcontractors.
Today, we offer a refined suite of services meticulously crafted to meet your unique needs. While we understand that we may not be the perfect fit for every business, we specialize in assisting companies like yours navigate the complexities of cash flow management, particularly in the face of slow payments from clients.
We extend a sincere invitation for you to contact us and schedule a discussion to explore how we can address your financial requirements. Our team is committed to continuing our unwavering support for the commercial construction and temporary staffing sectors for many more years to come.
Neil & Richard
- Neil and Richard
How What We Do Supports You
Flexibility
We firmly believe that our success is intricately tied to the success of our clients.
We are a team of dedicated individuals with extensive experience in serving the construction and staffing industries over many decades. Our profound understanding of the daily financial challenges encountered within your industry is the cornerstone of our commitment.
Speed
We understand that time is of paramount importance to you. Our in-house underwriting process facilitates expedited decision-making.
You will have the opportunity to collaborate directly with the primary funding source, where decision-makers are readily accessible onsite.
Transparency
You won't find yourself tied up in long-term contracts. You're not limited to a single software platform to access our services. We won't push you into a funding option that doesn't fit. We've got plenty of options, so we can find what suits you best.
Your Full-Service
factoring team
Cole Harmonson
Head of Customer Success
Debra Zukonik
Head of Credit
Neil Chand
Managing Partner
Richard Lindeman
Managing Partner
ABOUT US
Frequently Asked Questions
1. Apply with us online
2. Get approved
3. Send us the invoices you’d like to factor
4. Get funded within 24 hours
Our process is meticulously designed for immediate responsiveness to your needs, ensuring some of the fastest cash turnaround times in the industry.
With a team of skilled employees strategically located across the U.S., we ensure swift credit approvals, seamless invoice processing, and prompt fund disbursements.
Spark Factoring offers funding between $5,000 and $5,000,000. Your credit line or loan amount will be determined based on a review of your business, personal FICO score, as well as other criteria.
We prioritize understanding and fulfilling our clients’ needs, fostering trust and building long-lasting, satisfying customer relationships through consistent personalized service.
Our straightforward application process, absence of set-up fees, and lack of long-term contracts ensure that getting started with us is as easy as possible.
The Spark Factoring application is three simple steps that can be completed in minutes.
We ask for:
General information about your business, such as address and Tax ID
Information about the business owner applying, including social security number
Current financials and current AR + AP aging.
The information you provide is stored in accordance with our strict Privacy Policy and encrypted to make sure that it is always safe and secure.
Qualification for Spark Factoring is determined based on the following: your business cash flow, the strength of your customers, and to a lesser extent your personal and business credit history. You do not have to have perfect credit to work with us. We work with a broad range of clients, including those with below average credit.
To meet the minimum requirements for Invoice Factoring and you must have a personal credit score of 530 or more.
Any business that serves businesses or governments is eligible for Invoice Factoring. Invoice Factoring is available in all states.
The information you provide is stored in accordance with our strict Privacy Policy and encrypted to make sure that it is always safe and secure.
Yes, that’s why we are here.
Our decision process is different than a bank’s. While we take credit history into consideration we focus on the quality of your customers, not only personal credit history.
A great advantage of Spark’s invoice factoring is that you can leverage the credit-worthiness of your customers.
GET IN TOUCH
For over three decades, our team has been a trusted partner for thousands of commercial construction & temporary staffing businesses, offering tailored solutions to boost working capital and overcome financial challenges.