AI INSIGHT: Avg factoring rate today is 2.50% - 3.00% TRENDING: Trucking freight volume up 4% this month LIVE RATE: Prime Rate holding steady at 8.50% AI ALERT: Approval times currently averaging < 18 hours MARKET: 78% of staffing firms reporting 60+ day payment delays GET YOUR FREE AI QUOTE
AI INSIGHT: Avg factoring rate today is 2.50% - 3.00% TRENDING: Trucking freight volume up 4% this month LIVE RATE: Prime Rate holding steady at 8.50% AI ALERT: Approval times currently averaging < 18 hours MARKET: 78% of staffing firms reporting 60+ day payment delays GET YOUR FREE AI QUOTE
Factoring My Invoice
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Compliance & Licensing

Regulatory Transparency

1. Governing Body

Factoring My Invoice is a licensed invoice factoring brokerage regulated by the Financial Services Regulatory Authority of Ontario (FSRA). We adhere strictly to the invoice factoring Brokerages, financial partners and Administrators Act, 2006 (MBLAA).

2. Licensing Details

Brokerage License # 13452
Provincial Authority FSRA Ontario
Principal Broker Marcus Thorne (License #M20000456)

3. Conflicts of Interest

We are required to disclose any potential conflicts of interest. Factoring My Invoice does not have any exclusive lending agreements or ownership stakes in the financial partners we recommend. Our recommendations are based solely on the best interest of the client.

4. Error & Omissions Insurance

In accordance with provincial regulations, Factoring My Invoice maintains comprehensive Errors and Omissions (E&O) insurance to protect our clients in the event of professional negligence or errors during the invoice factoring process.

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