Invoice Factoring

Invoice Factoring

Turn unpaid customer invoices into immediate working capital to improve cash flow, cover expenses, and keep your business moving without taking on traditional debt.

Program Rates & Terms

• Advance Rate: 70% to 95% of eligible invoice value
• Estimated Fee: 1% to 4% per 30 days
• Structure: Invoice-based working capital
• Term: Ongoing, based on customer invoice payments
• Collateral: Eligible accounts receivable and customer invoices

Qualification Guidelines

• Credit: Based more on customer credit strength than business owner credit
• Business Type: Best suited for B2B companies with unpaid invoices
• Invoices: Must have valid outstanding customer invoices
• Time in Business: Flexible
• Volume: Minimum monthly invoice volume may apply

Required Documents

• Outstanding customer invoices
• Accounts receivable aging report
• Customer contracts, if applicable
• Recent business bank statements
• Business financials, if requested
• Completed application

Best Fit For

• B2B companies with unpaid customer invoices
• Businesses waiting 30, 60, or 90 days to get paid
• Companies needing fast working capital
• Seasonal businesses with cash flow gaps
• Staffing, trucking, manufacturing, wholesale, and service companies
• Businesses that want funding without adding traditional debt

Key Insight

Invoice factoring is driven primarily by the quality of your invoices and the creditworthiness of your customers. Strong commercial customers, clean invoices, organized receivables, and clear payment terms can improve approval options and funding speed.