Company profile
AmeriFactors
Public disclosure profile. This page does not rate, rank, endorse, or collect applications for AmeriFactors.
Limited public disclosure found. AmeriFactors is a wholly-owned subsidiary of Gulf Coast Bank and Trust Company. Advance rate and fee ranges are publicly stated but full fee schedules and contract terms require direct inquiry. The fee is described as based on contracted collection period, not APR.
Public data fields
Headquarters
Not publicly disclosed on reviewed pages. Parent company Gulf Coast Bank and Trust is headquartered in New Orleans, Louisiana.
Industries served
Publicly described as serving B2B commercial businesses generally. Specific industry focus is not detailed on reviewed pages.
Recourse availability
Not publicly disclosed.
Non-recourse availability
Not publicly disclosed.
Fuel advance availability
Not publicly disclosed.
Same-day funding claims
24-hour funding is publicly described for initial advances. Within 4 hours is referenced in the process description for established clients.
Advance rate
80 to 98 percent advance rate range is publicly stated on the website.
Fees
Fees starting as low as 2 percent are publicly stated. The website notes this is based on contracted collection period, not an annual percentage rate.
Contract length
Not publicly disclosed.
Publicly disclosed information
- AmeriFactors is a wholly-owned subsidiary of Gulf Coast Bank and Trust Company, an FDIC-insured bank.
- Advance rate range of 80 to 98 percent is publicly stated on the website.
- Fees starting as low as 2 percent are publicly stated, described as based on contracted collection period.
- 24-hour funding for initial advances and within 4 hours for established clients are publicly described.
- The program is described as serving B2B commercial accounts receivable.
Not publicly disclosed
- Recourse or non-recourse structure and chargeback trigger conditions.
- Full fee schedule beyond the stated minimum, including any additional charges.
- Contract length, minimum volume requirements, and early termination fee.
- Specific industries served or any industry exclusions.
Contract terms to verify
- Whether invoices are purchased with recourse, non-recourse, or hybrid terms.
- Advance rate, reserve percentage, fee accrual method, and all charges beyond the stated minimum.
- Reserve release timing, cross-collateralization, and short-pay handling.
- Minimum monthly volume, term length, renewal process, and notice deadline.
- UCC filing scope and lien release process as they relate to the bank parent structure.
- Chargeback triggers, concentration limits, and debtor credit limit structure.
Questions to ask before signing
- What advance rate applies to my specific invoices and customer mix?
- What is the full fee schedule, and are there charges beyond the stated minimum?
- Is the program recourse, non-recourse, or a combination?
- What contract length, minimum volume, and termination notice are required?
- How does the Gulf Coast Bank and Trust relationship affect the UCC filing or lien release process?
- How are chargebacks, disputes, and reserve holds handled?
Source notes
- Profile uses the official AmeriFactors homepage. The advance rate range and minimum fee are publicly stated on that page.
- The fee is described as based on contracted collection period; direct comparison to annual rate requires conversion.
- Bank parent affiliation may affect UCC filing and lien release process; verify directly.
- No rating, ranking, approval claim, or provider endorsement is inferred from these sources.
Related reading
Sources
- AmeriFactors - AmeriFactors. Accessed 2026-05-19.
- About AmeriFactors - AmeriFactors. Accessed 2026-05-19.
Financial disclaimer. This page is educational only and is not financial, legal, tax, accounting, or credit advice. Factoring terms vary by provider and contract. Read the full disclaimer.