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Ansonia Announces an Integration Partnership with FactorCloud

Olympia, WA (June 22, 2020) – Ansonia Credit Data today announced that it has entered into an integration partnership with FactorCloud. FactorCloud customers are now able to leverage Ansonia’s business credit and collections decisioning tools.

Ansonia is now fully integrated with the FactorCloud system. This allows FactorCloud customers to set criteria for factoring invoices, which will automatically approve or decline each loan based on the company’s credit score and other KPIs. Since these routine decisions will be made via automation, factoring companies’ teams can turn their attention to higher risk decisions instead.

“FactorCloud customers are now able to make better, faster credit decisions, thanks to our partnership with Ansonia,” said Todd Ehrlich, CEO of FactorCloud. “They no longer need two logins—it’s all built into one, streamlined platform.”

“Not only will the integration offer FactorCloud’s customers streamlined credit decisioning and submission of data files, we are very excited FactorCloud is looking to the future and will also integrate TrakiQ, Ansonia’s collection solution that automates invoice status lookup at third party payment portals,” said Ansonia Vice President and industry veteran Jeff Jones.

For information on additional Ansonia factoring integration partners, click here.

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