Payroll Funding & Factoring FAQs

Encore is happy to assist clients with their collection efforts. We have a department dedicated to working side-by-side with you to manage your portfolio.

As part of our service, Encore approves and monitors clients’ customers. If we receive a derogatory notification, we will immediately notify you. Many of our clients have saved thousands of dollars in potential losses due to this service.

Encore accepts all major credit cards, including government-issued credit cards. You can talk to your account executive for assistance.

If your clients are slow or late paying, Encore suggests that you can improve cash flow by holding customers to the payment terms set in their contracts. It is important to be proactive if a customer does not adhere to the terms. Contact your customer for payment status and consider increasing your bill rate for terms longer than the typical net 30 days. The Encore team is trained to help you identify these clients.

Yes, Ed Burr is our Director of Client Growth and Strategy. Ed has over 30 years of experience in your shoes. He is a respected industry leader with extensive knowledge of techniques and strategies to advise you toward successful solutions.