FactorCloud

3490 Piedmont Rd NE Suite 1350, Atlanta, GA 30305

Atlanta, Georgia (U.S. state), United States

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Hours
9:00 AM – 5:00 PM
Weekdays9:00 AM – 5:00 PM
WeekendsClosed
Address
City: Atlanta
Neighborhood: Buckhead Forest
State: Georgia (U.S. state)
Postal Code: 30305
Country: United States

Business facts

Estimated annual revenue~$1.2M
Estimated employees~3
Estimate based on strong signals

Area statistics (30305)

Population26,565
Median household income$103,982
Source: US Census ACS

About

FactorCloud is the only all-in-one factoring platform that eliminates the need to patch together different systems. With OCR technology for quick and automatic schedule creation and payment application, FactorCloud allows operations employees to manage about 80% more NFE, enabling businesses to grow their book of business with fewer people. This platform saves time, increases efficiencies, and reduces costs, risk, and errors, ultimately leading to increased profits.

ℹ️
Diversity Management
Veteran Led
Wheelchair Accessible
Parking, Yes
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning around its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$1.2M2019
~$1.0M2020
~$960.2K2021
~$1.1M2022
~$1.1M2023
~$1.2M2024
Modeled from category averages for the region-0.3%/yr since 201980% confidence band: ±68%

Property

Lot size4.85 acres
CountyFulton
Parcel ownerAG APG SECURITIES CENTRE PROPERTY OWNER L L C
Assessed value$18.5M (land $8.9M) — 2018
On this lotshared with 86 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Georgia (U.S. state)3,466~$21.6B~$6.3M~$1.3M5.0★0.9×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure45 chains expanding in this category, led by MetroPCS, Wal-Mart Electronics, At&t (+2,108 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)1,847~$5.6B~$3.0M~$1.0M11,297~$1.6B1.1×
Wholesale and retail trade; repair of motor vehicles and motorcycles248~$1.7B~$6.7M1,569

1 km area (all businesses): median from the 1,389 of 1,847 businesses with estimates

Estimate

Area conditions (30305)

Population26,565 ±1,721
Median household income$103,982 ±$10,909
Median home value$676,800
Bachelor's degree or higher0.8%
Unemployment rate0.0%
Source: US Census ACS
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