Written FAQs

Opening an Account

What if I am a new business—do I still qualify?

Yes, our product is specifically helpful for companies in their early stages of growth.

Am I bound by a contract?

No, you can cancel our service anytime, without any penalty, provided that all invoice receivables have been paid in full.

Do I have to sign a GSA (General Security Agreement)?

No, you do not need to sign a General Security Agreement with IPS Invoice Payment System.

Do you place a lien on all of my company assets?

No, only on accounts receivable.

What if I am under a contract with a factoring company?

We may be able to help you with your unique situation. Contact our Business Development team for details.