Verification Status: This article is an explanation based on publicly available information (the editorial team has not personally used or traded these services).
Kenta Tanaka, 43, has been running a landscaping construction company in Tokyo for five years. Focusing primarily on subcontracting for public works projects, he has enjoyed a steady flow of business over the past few years. However, as the end of each month approaches, his stomach churns with anxiety. The balance in his passbook falls just short of covering salaries for his five employees and payments to external contractors. The accounts receivable from last month's completed project are subject to a 60-day payment term by the client, meaning funds won't arrive for another two weeks. He recalls a previous attempt to secure a bank loan, which was rejected due to insufficient collateral. His business is operational, yet he faces an immediate cash shortfall—a painful reality shared by many business owners, not just Mr. Tanaka.
Conclusion: No.1 Co., Ltd.'s same-day factoring offers a practical solution for businesses in the construction, transport, medical, and nursing care sectors holding accounts receivable, enabling them to secure funding in as little as 30 minutes. Even when bank financing is difficult to obtain, there is peace of mind in being able to check terms risk-free via a free quote.
The Reality for Business Owners Struggling with Cash Flow—A Situation That Can Happen to Anyone
Image source: no1service.co.jp (Official Site) — Cited for identification purposes in this review
The risk of "insolvency despite profitability" that Mr. Kenta Tanaka faces is not a distant problem for many sole proprietors and small-to-medium enterprise (SME) owners. Even with orders in hand, long payment terms can severely strain operations. This is particularly common in the construction industry, where payments for materials and subcontractors must be made upfront, while receipts from primary contractors often arrive several months after project completion.
Looking at data published by the Financial Services Agency (FSA), the Diffusion Index (DI) for SME cash flow judgments consistently remains at severe levels, making delayed collection of accounts receivable a daily management challenge. Traditional bank loans are often judged based on the appearance of financial statements or the availability of collateral. Consequently, even businesses with sound fundamentals like Mr. Tanaka's are frequently rejected due to insufficient credit guarantee association limits.
"We have last month's invoices, but we can't make this week's payments." For business owners tormented by this contradiction, what is needed is not another "loan," but a way to immediately convert existing accounts receivable into cash. The turning point for Mr. Tanaka came from a single remark he heard at an industry association meeting: "Have you heard of factoring? Apparently, if you sell your invoices, you can get cash today." Skeptical but desperate, Mr. Tanaka picked up his smartphone. Scanning the search results, his finger stopped on a standout listing from No.1 Co., Ltd. promising "As fast as 30 minutes" and "Fees from 0.5%."
What Is Factoring? The Option of "Selling Accounts Receivable," Not Borrowing
Factoring is, strictly speaking, the "buying and selling of accounts receivable" and differs fundamentally in legal nature from loans or borrowing. It is a mechanism where a business sells its accounts receivable (invoices) to a factoring company and receives cash minus a fee. Since it is not a loan, it falls outside the scope of the Money Lending Business Act regulation. Its greatest feature is the ability to raise funds without incurring new debt.
Specifically, while loans always entail an "obligation to repay," selling accounts receivable does not. The primary focus of the screening process is not the applicant's financial statements, but rather the creditworthiness of the account debtor (the party owing the money). Consequently, even businesses that might struggle to secure bank financing can access funding channels if they have accounts receivable from stable trading partners. For business owners like Mr. Tanaka, who find themselves thinking, "My business is running smoothly, but I'm suffering due to long payment terms," factoring is one of the first options they should consider.
No.1 Co., Ltd. offers services specializing in this type of factoring nationwide. According to their official website, they can execute same-day purchase of accounts receivable in as little as 30 minutes for corporations and sole proprietors. They support both two-party factoring (a method where the account debtor is not notified) and three-party factoring (a method requiring the account debtor's consent), with the option to complete the entire process online via electronic contracts. Their fees start from 0.5%, which is considered a low level within the industry.
Six Reasons Why No.1 Co., Ltd. Is Chosen—A Deep Dive into Speed, Fees, and Expertise
What particularly caught Mr. Tanaka's attention were the unique strengths of No.1 Co., Ltd. that become apparent when compared to other companies. These are not mere slogans; there are six main features that can be concretely verified through public information. These are not just specifications but items that hold direct significance for business owners struggling with cash flow.
First, the speed of funding, with applications submitted in the morning funded by noon. The "approval and funding in as little as 30 minutes" clearly stated on the official website is on a different level compared to bank loan approvals, which can take several weeks. For business owners needing to handle urgent payments, this immediacy is a significant advantage.
Second, low-level fee settings. Fees range from 1% to 5% for three-party factoring and 5% to 15% for two-party factoring, as indicated on the official website and multiple comparison media outlets. A campaign offering a 50% discount on purchase fees is also available for first-time users, promising substantial cost reductions if conditions are met. However, since certain conditions apply to the discount, checking the official website for details is the most reliable approach.
Third, the existence of specialized plans tailored for the construction, transport, medical, and nursing care industries. The company has established an examination system that deeply understands the business customs of the construction industry, where many sole proprietors and subcontractors operate, as well as the payment cycles for medical and nursing care reimbursements. Mr. Tanaka's landscaping business also falls directly within the scope that benefits from this expertise.
Fourth, the convenience of a fully online process. Since electronic contracts are supported, the entire procedure can be completed without leaving the office. For busy business owners, the elimination of time-consuming face-to-face procedures is an unmissable merit.
Fifth, a high approval rate of over 95%. The fact that the door remains open even for those who have been rejected by other companies demonstrates the flexibility inherent in factoring, which bases its screening primarily on the creditworthiness of the accounts receivable counterparties.
Sixth, a wide range of coverage from a minimum purchase amount of 500,000 yen to a maximum of 300 million yen. The service offers scalability that allows it to be utilized according to the business's growth phase, ranging from small-scale working capital to large-scale project funding.
When viewing these characteristics alongside actual figures, business owners like Mr. Tanaka—who think, "I was rejected by the bank, but I have solid accounts receivable right in front of me"—should feel that there is no reason not to request a free quote. There is no cost for the estimate, and simply knowing how much cash your accounts receivable can be converted into significantly expands your cash flow options. Since there is no obligation to apply, you have nothing to lose even if your only goal is to gather information.
Comprehensive Comparison with Bank Loans and Other Factoring Companies—What's the Real Difference?
"Factoring versus bank loans, and then other factoring companies. Honestly, I don't know which one to choose." This comparison wall was the next obstacle Mr. Tanaka faced. What's needed for business decisions isn't emotional reasoning, but a comparison based on concrete criteria. Here, we place No. 1 Co., Ltd. on equal footing with bank loans, PMG, and TRUSTLYNE as alternative options.
| Comparison Item | No. 1 Co., Ltd. | Bank Loans | PMG | TRUSTLYNE |
|---|---|---|---|---|
| Fees (Estimate) | 0.5%–15% | Interest approx. 1%–3% (guarantee fees separate) | Undisclosed | Undisclosed |
| Funding Speed | As fast as 30 minutes | Several weeks to several months | As fast as 2 hours | As fast as 30 minutes (record time of 7 minutes) |
| Eligible Purchase Amount | ¥500,000 – ¥300 million | Depends on screening | — | — |
| Fully Online Process | Available | Partially available | — | Completed via LINE |
| Specialized Industries | Construction, Transport, Healthcare, Nursing Care | None | None | Sole proprietors and freelancers in general |
| Screening Focus | Creditworthiness of accounts receivable counterparties | Applicant company's financials and collateral | — | AI-based screening (claims 98% approval rate) |
As this table clearly shows, while bank loans may appear advantageous in terms of interest rates, they are often impractical due to speed and high screening hurdles. Although PMG has a solid track record in terms of user base, if same-day funding is the top priority, the comparison narrows down to No. 1 Co., Ltd. versus TRUSTLYNE.
While TRUSTLYNE boasts digital-native strengths such as LINE-based completion and AI screening, No. 1 Co., Ltd. offers specialized plans deeply rooted in the business practices of specific industries like construction, transport, healthcare, and nursing care. For business owners like Mr. Tanaka, who runs a landscaping business (related to the construction industry), the peace of mind that comes from dealing directly with screening staff who understand industry specifics is a value even more important than mere speed. If you need immediate funding and are looking for a partner who understands your specific industry, No. 1 Co., Ltd. stands out as the superior choice.
If you feel that time spent hesitating is already wasted, the next step is extremely simple. Quotes are free, and you can see exactly how much cash your accounts receivable can realistically be converted into, presented in clear numbers. Now that you've finished comparing options, it's time to move from gathering information to taking action to change your situation. If the conditions don't suit you, you can simply decline; there is absolutely no risk involved.
Analyzing User Sentiments—The Real Picture Revealed by Positive Reviews and Critical Feedback
Online reviews serve as the most raw and direct source of insight for any business provider. An analysis of ratings across multiple review platforms concerning No.1 Co., Ltd. confirms that favorable opinions overwhelmingly dominate the landscape. However, rather than simply categorizing feedback as "good" or "bad," we aim to dig deeper into the underlying reasons behind these sentiments.
A common theme in positive reviews is high praise for both "speed" and "human interaction."
"No.1 offers transparent fees. For 5 million yen, the fee was clearly 7%, resulting in a payout of 4.65 million yen. The sales representative was thorough and provided a polite explanation of the contract terms." (Source: A factoring information site)
"I was rejected by other companies but successfully secured factoring here! They are a company that conducts flexible screenings!" (Source: Another factoring comparison media outlet)
"While I was struggling to secure funding, an acquaintance recommended No.1. They listened carefully to my situation and even offered advice on improvement strategies." (Source: Same as above)
These voices reveal an approach that goes beyond merely providing liquidity; they demonstrate a genuine commitment to addressing core management challenges. This stands in stark contrast to the "emptiness of being judged solely on numbers" that Mr. Tanaka previously experienced with banks. When representatives listen empathetically and occasionally offer management improvement advice, it fosters elements conducive to building long-term relationships that extend far beyond short-term funding needs.
On the other hand, critical feedback also exists. Rather than ignoring these points, it is crucial to face them honestly, as they provide vital information for selecting a service.
"Closed on Saturdays, Sundays, and holidays; urgent weekend responses are not possible." (Source: A factoring media outlet)
"Fees starting from 1% apply only to three-party transactions; in reality, two-party transactions start from 8%." (Source: Same as above)
These pointers highlight the realistic constraints inherent in the service design. The inability to operate on weekends can be viewed as a trade-off for achieving an overwhelming speed of as little as 30 minutes during weekday business hours. While businesses with constant urgent funding needs on weekends should exercise caution, for those who plan their cash flow strategically, the speed available on weekdays becomes a powerful asset.
Regarding the point that two-party transaction fees start from 8%, this must be weighed against the benefit of securing funds without notifying the account debtor. For businesses that prioritize relationships with their trading partners, the fee for two-party factoring can be viewed as a "cost for maintaining those relationships." Most importantly, at the free estimate stage, it is clearly indicated whether a company's conditions suit a three-party or two-party arrangement and exactly what the fees will be. This ensures there is no regret before applying. There is absolutely no need to apply while harboring doubts; the system allows you to make a decision after seeing the concrete figures first.
From Application to Funding: Simulating Capital Access in as Little as 30 Minutes
With his concerns and questions addressed, Mr. Tanaka finally took action. The process was surprisingly simple, devoid of the mountain of complicated documents or long waiting times he had feared. The actual procedure consists of just four steps.
Step 1: Consultation and Application Make initial contact via phone, email, fax, or the web form. Mr. Tanaka entered the required details into the web form using his smartphone, a process that took only about five minutes. If done during business hours, communication with a representative begins immediately. The application itself is free, and no contract is established at this stage.
Step 2: Submission of Documents and Interview A representative will contact you to request necessary documents, such as invoices to be factored, bankbook copies, and recent financial statements. The key point here is that the creditworthiness of your accounts receivable counterparties is the primary focus of the review. There is no need to rush to organize your own company's financial data; standard transaction documents are sufficient. By checking the required documents on the official website in advance, preparation proceeds smoothly.
Step 3: Contracting After reviewing the submitted documents and conducting a brief interview, fee structures and funding schedules are presented. Once you agree to the terms, the process is completed via an electronic contract. No business trips or office visits are required; all procedures can be finalized from your own office.
Step 4: Funding in as Little as 30 Minutes Once the contract is signed, you simply wait for the funds to arrive. If you initiate the process in the morning, the funds should be reflected in your bank account by early afternoon. In Mr. Tanaka's case, this speed was exactly what determined whether he could meet the payroll deadline looming the next day.
Taking the first step with a free quote involves neither cost nor risk. Rather, accurately grasping "how much value your current accounts receivable hold" is a valuable action that improves the quality of your management decisions. As Mr. Tanaka experienced, everything starts with simply knowing the conditions. Requesting a quote does not obligate you to sign a contract. This ease of use provides the greatest peace of mind for business owners struggling with cash flow.
Who Is No.1 Co., Ltd. Best Suited For?—Take the First Step Without Regret with a Free Quote
Like Mr. Kenta Tanaka, this service is ideal for business owners whose operations are running smoothly but who suffer from long payment terms. It suits those who have attempted to secure bank loans only to be turned away due to lack of collateral or unfavorable figures in their financial statements. Most importantly, it is designed for individuals facing the urgent reality of needing funds "by tomorrow." No.1 Co., Ltd.'s same-day factoring is precisely tailored for these people.
The reasons are clear. First, speed is of decisive value. A review period spanning several weeks for bank financing is not a viable solution for businesses with no grace period for imminent payments. The ability to act in as little as 30 minutes is not merely a convenience; it is a factor that determines whether a business can continue operating.
Second, there is flexibility in the screening process rooted in industry-specific characteristics. Because the company understands the commercial practices of industries such as construction, transportation, healthcare, and nursing care, it can evaluate the soundness of a business in ways that go beyond the surface level of financial statements. This is corroborated by the multiple testimonials mentioned earlier stating, "We were rejected by other companies but were able to use this service."
On the other hand, for businesses with accounts receivable totaling less than 200,000 JPY, or for those where weekend fund availability is an absolute requirement, other options may be more suitable. Additionally, it is important to understand that for startups that do not yet have two full terms of financial statements, the hurdles for approval may be higher. However, determining whether these scenarios apply to you often requires actually making an inquiry.
A free quote instantly clears up this ambiguity. There is absolutely no cost, and you will receive concrete figures showing exactly how much your current accounts receivable are worth. If the conditions do not suit you, you simply do not proceed. Rather than continuing to worry with insufficient information, checking your company's current standing on the official No.1 Co., Ltd. website is the most practical first step toward resolving cash flow anxieties. Just as it was for Mr. Tanaka.
The content of this article is based on editorial analysis of publicly available information. Actual fees, screening results, and funding times may vary depending on the details of the application and the status of the debtor. Please be sure to check the official website for details. Factoring involves the sale of accounts receivable, not lending. It differs from illegal money lenders and salary factoring.
Methodology and Disclosures
Verification Method: This article was created based on public information verified as of 2026-08-12. Our editorial team has not actually contracted or used the services mentioned. The explanations provided are based on public sources, including official websites, third-party reviews, and user feedback. Since service details, fees, and campaigns are subject to change, please always verify the latest information on the official website before applying.
Publisher Information: Our editorial policy and evaluation criteria are outlined in our Editorial Policy, while our verification procedures are detailed in our Evaluation Methodology. If you find any errors in the content, please report them via our contact form.
Affiliate Disclosure: This article contains affiliate links, through which we may earn a commission at no additional cost to you. These commissions do not influence our evaluations or ratings.
Frequently Asked Questions
How is factoring different from a loan?
Factoring involves selling your accounts receivable, not borrowing, so there is no obligation to repay. The creditworthiness of your client is the main focus of the review, making it easier for businesses that struggle with bank loans to use. With Kabushiki Kaisha No.1, you can convert your receivables into cash in as little as 30 minutes.
Is it really possible to receive funds in as little as 30 minutes?
According to the official website, funding in as little as 30 minutes is possible. However, this is the minimum time when the review goes smoothly; delays can occur due to incomplete documents or review conditions. It's best to confirm details when applying.
Are fees really from 0.5%?
The official website of Kabushiki Kaisha No.1 states fees from 0.5%, but this is the minimum rate for three-party factoring and varies based on conditions. For two-party factoring, fees typically range from 5% to 15%. There is also a 50% discount campaign for first-time users, but conditions apply.
Can I apply on weekends and holidays?
According to the official website, applications are accepted on weekends and holidays, with funding in as little as 30 minutes. However, depending on bank business hours and review status, funds may be transferred on the next business day. It's recommended to confirm in advance.
Can freelancers and sole proprietors use this service?
Yes, Kabushiki Kaisha No.1 serves not only corporations but also sole proprietors. Especially those in construction or transportation, such as independent contractors, can use it if they have receivables. Since the review focuses on the creditworthiness of your client, it's easier for sole proprietors to pass.
Can I sell receivables of small amounts (under 200,000 yen)?
The official website states that the purchase amount ranges from 500,000 yen to 300 million yen. Therefore, receivables under 200,000 yen are likely not eligible. If you need small amounts, consider other services or contact them for more information.
What documents are required?
Generally, you need identification documents, invoices for the receivables, and information about your client. Kabushiki Kaisha No.1 supports electronic contracts, so the process can be completed online. Specific documents will be provided upon application, so check the official website or contact them to be sure.
Can I fail the review? What are the criteria?
The approval rate is high at over 95%, but you may fail if your client's creditworthiness is low or if there are issues with the receivables. The review focuses on your client's ability to pay, not your company's financial status.
Sources
This article is based on publicly available information as of 2026-08-12.
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