Verification call

A phone call or contact used to confirm an invoice is valid before the factor funds it.

Why it matters

Verification calls are part of the factor fraud and eligibility review. Customers who are unresponsive or dispute delivery can slow or block funding.

Related terms

Related article: What is invoice factoring?

Related reading

Sources

  • International Factoring Association - International Factoring Association. Accessed 2026-05-19. Industry association source for factoring terminology and industry context.
  • Secured Finance Network - Secured Finance Network. Accessed 2026-05-19. Industry education source for secured finance and asset-based lending context.
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.