Automotive Service Factoring
FACTORING YOUR FLEET INVOICES
Benefits of Factoring
When a client/store owner/franchisee chooses to use SBF’s factoring services, they receive payment for invoices the week after the invoice is imported into our billing system. In addition, reconciliation becomes easier because payment and fees all happen on the same payment reconciliation report.
Factoring in Detail
Factoring is when SBF Financial (SBF) purchases invoices from clients/store owners, assuming ownership of the invoice and responsibility for collecting the debt. SBF only offers factoring services in conjunction with Sound Billing/MyFleetCenter’s billing service.
Factoring Made Easy
Simply put, SBF Financial purchases your invoices minus any rebates and fees and pays you the net total on your MFC billing cycle.
As the sister company to MFC, we ensure we keep the money moving.
FASTER
Choosing SBF Financial
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Conquer Reconciliation
Makes the reconciliation process much easier
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Cash Trusted Flow
You will always know how much money is coming your way
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Grow Fleet Business
Creating an easy and easily reconcilable fleet system, so you can focus on growth
We know your business, because we come from your business
Decades of Automotive Service
Welcome to SBF Financial, an automotive factoring service provider. By using our website, you agree to the following terms and conditions. Please read them carefully.
By accessing and using this website, you accept and agree to be bound by these Terms and Conditions. If you do not agree to these terms, you should not use the website.
SBF_Financial specializes in automotive factoring services, allowing businesses to sell their accounts receivable (invoices) to us at a discount in exchange for immediate cash flow. The terms of each transaction will be governed by a separate factoring agreement between SBF-Financial and the client.
Factoring Agreement
The terms of any factoring agreement between [Your Company Name] and the client will prevail over these Terms and Conditions in case of any conflict. The factoring agreement will outline specific terms, including payment, fees, and obligations of both parties.
All payments and fees associated with our factoring services will be detailed in the factoring agreement. Failure to make timely payments as outlined in the agreement may result in additional fees and penalties.
All content, trademarks, logos, and other intellectual property on this website are the property of SBF-Financial LLC or its licensors and are protected by applicable intellectual property laws. You may not use any content from the website without our express written consent.
Limitation of Liability
SBF-Financial shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from the use of, or the inability to use, the website or our services, even if we have been advised of the possibility of such damages.
Indemnification
You agree to indemnify, defend, and hold harmless SBF-Financial, its affiliates, officers, directors, employees, agents, licensors, and suppliers from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys’ fees) arising out of your violation of these Terms and Conditions or your use of the website.
Governing Law
These Terms and Conditions are governed by and construed in accordance with the laws of the state of Florida, without regard to its conflict of law principles. Any disputes arising from these terms will be resolved in the courts of Florida.
Changes to Terms
We reserve the right to modify these Terms and Conditions at any time. Any changes will be posted on this page, and your continued use of the website following the posting of any changes constitutes your acceptance of those changes.