No. Receivables finance is not a loan. It is the purchase of an asset – your invoice – at a discount. There is no debt on your balance sheet and no repayment schedule. The advance is settled when your customer pays.

Once an invoice is approved by your customer, TowerCap can advance funds no later than 24 hours after approval. Initial facility setup typically takes 7 to 14 days from first discussion.

TowerCap advances up to 90% of approved invoice value. The exact rate depends on customer credit quality, contract structure, and facility terms.

Under our non-recourse terms, TowerCap takes on the credit risk of approved invoices. If your customer becomes insolvent, you do not suffer a loss.

Yes. TowerCap offers confidential, non-notification factoring for qualifying businesses.

Under these arrangements, your customers continue dealing with you as usual, without being informed of TowerCap’s involvement. Payments can continue through an account in your company’s name, preserving your existing commercial relationships.

Not every transaction qualifies for non-notification factoring. The structure depends on the quality of the receivables, the customers involved and the arrangements already in place.

Yes. Having a concentrated customer base does not automatically disqualify a business from factoring.

Banks often restrict lending when too much revenue comes from a single customer. TowerCap takes a different approach, examining the creditworthiness and payment history of the customer responsible for those invoices.

A business with one financially strong corporate customer may therefore be suitable for factoring, even when its bank is unwilling to increase its credit facility.

The quality of the receivables matters more than simply the number of customers.

No. Factoring is a working capital tool used by healthy, growing businesses to bridge the gap between invoicing and payment. It is not a rescue product.

A merchant cash advance is debt repaid from future revenue. Receivables finance advances against specific, approved invoices. The cost is tied to the invoice, not your total revenue.

A bank line of credit is a loan facility with covenants, reporting requirements, and often personal guarantees. Receivables finance is non-debt, has no covenants, and is secured by the invoice itself.

Most facilities are structured within 7 to 14 days from first discussion. The timeline depends on the complexity of your customer base and the speed of information sharing.

Potentially, yes. An existing UCC filing does not necessarily prevent TowerCap from providing a factoring facility.

Many established businesses already have financing arrangements secured against their assets, including accounts receivable.

Where another lender has a security interest in those receivables, TowerCap can explore arrangements such as an intercreditor agreement or a partial release of collateral.

Whether this is possible depends on the existing lender’s position, the security arrangements and the proposed facility.

An existing bank relationship need not always be replaced to introduce receivables financing.

Yes. Outstanding tax obligations do not automatically make a business ineligible for factoring.

TowerCap evaluates the underlying business, its customers and the quality of its receivables. A company may have substantial tax arrears while continuing to operate profitably and generate invoices from financially sound customers.

The position becomes more complicated where the IRS has registered liens against business assets. These circumstances require careful consideration of lien priorities and coordination with the relevant parties.

TowerCap has experience structuring facilities for businesses facing substantial tax obligations, including situations where conventional lenders have been unwilling to provide additional funding.

It can be. Under non-recourse factoring, the factor assumes specified credit risks associated with approved receivables, including customer insolvency where covered by the agreement.

The additional protection may affect pricing, although the difference depends on the credit quality of the customers, the volume of receivables and the overall facility structure.

Importantly, non-recourse factoring does not necessarily protect against every reason for non-payment. Commercial disputes, contractual issues and other exclusions may remain the responsibility of the business.

TowerCap evaluates each facility individually and explains the applicable fees and risk allocation before an agreement is concluded.

No. TowerCap does not require businesses to factor every invoice or commit to a minimum factoring volume.

You can select which customers and eligible invoices you wish to factor, subject to the agreed facility terms.

This flexibility allows businesses to use factoring when working-capital requirements arise, without necessarily financing their entire receivables book.

There are also no long-term lock-in periods. The intention is to provide access to working capital that reflects the needs of the business, rather than impose an unnecessary funding commitment.