Why We're Unique

Our Factoring Extranet

An extranet is a private, secure, password protected, extension of a corporate intranet or website where organizations build persistent network links with customers, vendors, or other business partners, and in which all partners with access rights can collaborate and conduct business, internally, on the site.

21st Capital Corp owns and operates the only factoring extranet in the world, which enables us to seamlessly connect our clients, their customers, and ourselves in the factoring process. As a result, we are able to fund our clients faster and provide them with Unique, Free Web Factoring Services, which are not available elsewhere.

It consists of a server with a SQL database or invoice data warehouse containing invoices data our clients entered by creating their invoices using our Exclusive, Proprietary Online Invoice Creation Software, or by uploading Quickbooks® invoice data.

Our Technology
Unmatched by any Finance Company

• Hardware
2 HP Proliant® servers housed in the largest data center in California, each containing 2 hot-swapable power supplies, and 4 SCSI hard disks, 2 of which are active and in a Raid 1 configuration, and the other 2 of which are turned off and in reserve.
• Software
• Apache® Web Server
• PosgtreSQL Databases
• Custom web-based software applications written in Java®, Groovy and C++, including our Online Invoice Creation & Quickbooks® Factoring Integration packages, etc.

We are the only Paperless Factoring Company

All aspects of the factoring process are paperless, except for one thing: we do mail paper invoices to our clients' customers. However, unlike all other factoring companies, our clients never mail paper invoices to us to factor.

• The Initial Signup Process:
There is no paper to fill in, sign or mail. All documents are electronic and are signed electronically.
• The Online Invoicing Process:
Invoices are created online paperlessly using either our exclusive online invoice creation technology or are created offline in Quickbooks® and the data is uploaded to our server.
• Backup Documents Supporting the Invoices:
• Paper documents are faxed to us using our bar coded fax cover sheets and automatically stored as TIFFS in our virtual filing cabinet
• Computer files consisting of scanned paper documents, Microsoft Word®, Microsoft Excel® spreadsheets, PDFs, or other computer files are uploaded and stored in our virtual filing cabinet in their native format.

Your Invoice Data Makes our Free Web Services Possible

• Automated Invoice Verification
• Automated Invoice Collection
• Free Email Funding Alerts
• Free Text Message Funding Alerts
• Extensive Online Reporting
• Electronic Timesheets

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Free Web Factoring Services Click Text Below to Open/Close Details
The Only Paperless Invoice Factoring System Fastest Invoice Funding Available The other invoice factoring companies are paper-based. They can't fund until they receive all paper invoices and backup documents. 21st Capital Corp can fund in real-time, because our extranet connects all partners to the invoice factoring transaction: your company, your customers and our personnel in a 24/7 virtual invoice factoring office eliminating the necessity for paper documents. And we usually fund the same day you create your invoices.
Online Invoice Creation - Amazing Unless you use Quickbooks, you will create your invoices for factoring, paperlessly, using our online invoice creation system, which is available 24/7. The other factoring companies are paper-based. They can't fund until they receive all paper invoices and backup documents. 21st Capital Corp can fund in real-time, because our extranet connects all partners to the invoice factoring process: your company, your customers and our personnel in a 24/7 virtual invoice factoring office eliminating the necessity for paper documents. And we usually fund the same day you create your invoices.
Smartphone Factoring - Incredible Our amazing smartphone integration technology enables you to use your smartphone on our powerful invoice factoring extranet as if it were a desktop or laptop computer, such as: Create factored invoices on your smartphone Create your factored invoices in Quickbooks Online & upload the invoice data to our server using your smartphone Check your factored aging And so much more... Use any smartphone, such as: iPhone Android Symbian Blackberry Palm Windows Mobile
Factor from Quickbooks - Simple & Productive Quickbooks users can create factored invoices offline and upload the invoice data to our server avoiding double data entry. We support both the Quickbooks desktop and online versions. We also adjust your Quickbooks over the internet - see "We Keep Your Accounting System Balanced," below.
We Keep Your Accounting System Balanced Invoice factoring will cause your accounting system to be out-of-balance and it must be adjusted, because you sold the asset (account receivable) and received cash. We automagically write the adjusting factoring journal entries to Quickbooks over the internet. We display the factoring adjusting entries on our website for all other accounting systems so you can just copy & paste. Just Login, select Transfers from the History menu and click Import to Quickbooks for any transaction. The link is not present if you have already imported a transaction to Quickbooks.
Email & SMS Alerts We notify you by email of all important factoring events on our extranet affecting you, and you can can opt-in and receive text messages (SMS), also. When we wire you money When your customer approves/rejects an invoice When we approve a customer for factoring When we approve a customer contact When any of our legal docs need authentication (electronic signing)
Automated Verification & Collection System All other invoice factoring companies verify & collect invoices with incessant telephone calls. Our system is automated and uses emails and web pages, instead. It's infinitly superior to pounding your customers' employees with phone calls.
Extensive Reporting Including Online Aging Real-Time Aging Payments Customer Check Images and more
Electronic Timesheets for Staffing Companies Our electronic timesheets enable you to effectively outsource your factored billing to your workers, who create the timesheets. This process virtually automates your billing freeing you to concentrate on growing your business.