Does Harper focus on any geographic regions?
We work with companies based anywhere in the United States or Canada. We're happy to say that we have clients all across North America.
How do we get started?
Submit your contact information in the form below and a Harper team member will reach out shortly, or call (310) 817-0376 to speak directly to our team. [...]
How much does factoring cost?
Factoring costs can range from 1-6% per month depending on the industry, your business sales volume and the creditworthiness of your customers. Harper's fees range from 1-3% per month [...]
Does Harper require personal guarantees?
Depending on the size of the facility we will sometimes require personal guarantees. We typically require at least a validity guarantee, which makes certain promises regarding the state of your receivables [...]
How long does the diligence and funding process take?
The entire underwriting and funding process typically takes 2-5 business days as long as all the necessary documents are provided. The initial funding generally takes 24 hours after [...]
How much revenue does my company need to generate to be considered?
If you intend to factor over $5,000 per month of invoices, we can work with you. We have the ability to provide factoring credit lines up to $5 million.
What if we are a venture capital backed company or looking to raise venture capital?
Harper works with both venture capital funded startups and those seeking to raise venture capital. For VC-backed companies, we provide affordable financing to bridge cash flow gaps while the [...]
Does a company have to be profitable for Harper to work with them?
No. Many of our clients are very early stage and are not yet profitable, or no longer qualify for traditional bank financing due to financial or operating circumstances.
Do you only work with U.S. companies?
As of now, Harper is focused on U.S. or Canadian companies.
What are the backgrounds of Harper’s principals?
Our backgrounds include private equity, business consulting, investment banking, commercial finance and entrepreneurship. We come from families of small businesses owners and are passionate about helping entrepreneurs find the right [...]