In this article, you will learn
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About funding types
Funding types helps you set up whether a specific customer has a factored or non-factored funding type, by default. It gives you the flexibility to set up different funding types for different customers.
Before Denim approves a factored job, it performs a credit check and establishes a credit line for each customer. We recommend you to add all your customers to your Denim account as soon as possible when your account is approved so that your jobs are processed quickly.
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Locate the target customer
Click on Customers in the navigation.
The list of customers opens.
Locate the target customer to edit its funding type. Use the Search field or the Filters to find a specific customer. (Please see See and use list of customers for more details on using filters and search.)
In the list, the Funding Type column shows whether the corresponding customer's funding type is Factored, or Non-Factored. If it is empty, the funding type is default.
When you find the target customer, click on its name.
The customer details modal opens, as below.
Click on the Edit Funding Type button.
The Customer Funding Type model opens for this customer.
💡Note: These settings apply to all the loads of this customer. The settings override the data from TMS integrations.
The funding type options are:
- None: Select this option to not set any defaults for funding types.
- Default to Factored: Select this option to make sure that Denim overrides all loads with this customer to Factored.
- Default to Non-Factored: Select this option to make sure that Denim overrides all loads with this customer to Non-Factored.
Click on the Update Funding Type button to save the changes.
In the customers' list, the Funding Type column shows the updated funding type for this customer.