Lien Upon set up with Hamilton, we will conduct a lien search to determine whether your corporate receivables are able to be financed. An ACH transfer is similar to a bank wire, but ACH's do not occur instantly. Rather, the receiving bank recognizes the deposit on 'next day's business'. This is analogous to having your paycheck deposited directly into your bank account. The difficulty with bank wires is one of administration and cost.
Many factors limit their fundings to specific days of the week.
This can prove detrimental if you need your money right away. Hamilton funds every day of the business week. Many factors and other financiers require their clients to enter into restrictive and exclusive agreements for periods of one year or more. Hamilton does not. As future customers arrive, the client may petition Hamilton for additional or incremental approvals as necessary.