American Receivable vs. Goodman Capital Finance
Both serve staffing agencies and manufacturing and oil & gas and distribution & wholesale. Here's how their published terms compare. "Not published" means we couldn't find the figure on the company's own site.
Terms side by side
| American Receivable | Goodman Capital Finance | |
|---|---|---|
| Advance rate | Up to 95% [source] | Up to 90% [source] |
| Factoring fee | From 0.8% [source] | Not published; based on customer credit quality and monthly volume; no application fee [source] |
| Recourse | Recourse and non-recourse [source] | Not published |
| Contract length | No long-term contracts [source] | No long-term contracts (stated on its referral partner page) [source] |
| Minimum volume | No monthly minimums or maximums [source] | Businesses with $10,000 to $10 million in monthly sales [source] |
| Funding speed | Wired the morning after an approved invoice is submitted; setup in 3–5 days [source] | 24-hour approval; same-day funding for active clients [source] |
| Credit checks | Free Dun & Bradstreet and Experian reports [source] | Free credit evaluations on your customers [source] |
| Founded | 1979 [source] | 1972 [source] |
| Headquarters | Richardson, Texas [source] | Dallas, Texas [source] |
| Parent company | Not published | Independent Bank (Memphis, Tennessee), since 2014 [source] |
| Advertised features | No long-term contract, Non-recourse, No minimum volume, Spot factoring, Free credit checks | No long-term contract, Same-day funding, Spot factoring, Free credit checks |
Terms are negotiated. The only way to know what you'd pay is to get quotes for your volume and customers.
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