top of page

About US

Since 1999 Martin Charney has been helping companies grow their businesses and become more competitive with unlimited funding.


Martin's original mandate was to buy single invoices - spot factoring, in the Greater Toronto Area.  Demand for full factoring grew with referrals arriving from across Canada.

iFactoring evolved into Money On Tap/iFactoring in 2005.

​Combined factoring volume of strategically aligned group's of companies amounted to $21.5 billion in the last year – Statistics Canada. The hands-on, personalized 24/5 electronic funding of all clients in US or Canadian Dollars has been the reason for Money on Tap/iFactoring’s success in Canada. All aspects of the factoring process are explained carefully, fully and the factor uses creative financing methods to assist clients whenever possible. Money on Tap/iFactoring’s clients and customers may be anywhere in Canada or the USA while suppliers may be anywhere in the world.


All clients are provided with the following:


  • Back-office credit checking of clients' customers

  • Collections

  • Live aged Accounts Receivable listings

  • Inventory and equipment funding if required

  • Purchase Order Funding where the Factor pays clients’ suppliers anywhere in the world with Letters of Credit established in favour of these suppliers. These LC's can be payable by the P.O. company upon manufacture and payable on delivery by the Factor.

  • Letters of undertaking are provided free of charge to local suppliers (vendors) supporting their funding by the Factor.

The entire group of companies is involved in factoring of Accounts Receivable in many different forms. Through Money on Tap/iFactoring’s connections, outside the group, clients also have access to SRED, leases, mortgages, small business loans, merchant cash advances and bank lines.


Contact us for information or services on asset based factoring.

Martin Charney B.Comm. - Founder

Martin has acted as a funder for factoring of receivables since 1999. Since 2005, he has acted as a Finance Resource Broker in Factoring, Purchase Order and Inventory Funding, Merchant Cash Advances, Personal luxury asset loans, Bank Lines of Credit, Property Asset Based Lending and Leases.


Martin’s goal is to support as many Start-Ups and Medium Sized Companies as possible by providing them with a solid financial foundation.


Since 2015, through Martin's  property sales company, From Home to Own (H2O), he has enabled many buyers with low Down Payment and low credit score to buy their dream homes anywhere in Southern Ontario.

bottom of page