What is Factiiv?

What Factiiv says about itself

We read the Factiiv website on 12 Oct 2026. Here is how it describes itself.

Factiiv says, "factiiv is a whole new way to establish the credibility of your business." It also says, "Establish and report the credibility of your business with every transaction."

Those are Factiiv's own words. We quote them so you can judge for yourself. We do not add to them.

What it says you can do

Factiiv's site talks about everyday activity between businesses. It says, "Build business credibility through everyday trade activities and easily monitor your reputation with Factiiv."

It also says, "Build your credit report with the people and businesses you actually do business with, each and every day."

So the idea is simple. When a business buys from another business and pays, that activity can become a record.

Tracking and sharing

Factiiv's site describes a web app. It says, "Track all of your transactions and easily share your factiiv score using a QR code generated by our web-based app."

We do not explain how a score is worked out. The Factiiv page we read does not say, so we do not guess. Ask Factiiv or read its own pages for that.

Why Red Spectrum reports to Factiiv

Red Spectrum is a membership for small business owners in the United States. A member gets a net-30 vendor account. The member spends it on real business services from our catalog. Every membership payment and every catalog repayment is reported to Factiiv.

Factiiv is the only company we report to. We do not report anywhere else.

If you are new to the idea, start with what is a net-30 account. To see how a payment becomes a record, read how trade payments are reported.

What this page does not say

This page makes no promise about what any lender, vendor or other business will do with a Factiiv record. We do not promise funding, loan approval or credit scores.

No guarantee of funding, loan approval or credit scores. Payment activity is reported to Factiiv.