Up To $400,000
Pre-qualify For Up To $400,000
Convert pending invoices into upfront cash easily. Invoice factoring doesn’t just unlock capital when you need it, it gives you the flexibility to use it as you need:
✔ Equipment, inventory, or supplies
✔ Employee salaries
✔ Short-term projects
✔ Repair emergencies
As Little As 1-2 Days
Rather than waiting 30 to 120 days for your customers to pay you, invoice factoring provides you with a fast business loan within 1-2 business days.
✔ Apply in just 10 minutes
✔ Get approved in as little as one day
✔ Receive the funds in your account within 48 hours
The 411 On Invoice Factoring
How Does Invoice Factoring Work?
And how can it help you maintain a stable cash flow and protect your annual revenue?
✔ Small business owners sell outstanding invoices to factoring companies (the factor) at a discounted rate
✔ The factor advances a lump sum up to 95% of the value of the invoice
✔ The factor then collects all payments directly from the client
✔ The factor sends the remaining balance to the business, minus any factoring fee, which is typically an agreed-upon percentage
Have a question about how this works? Our loan experts are happy to help.
As Low As 1.09
Funds That Allow You to Grow
We don’t just see you as a P&L sheet, we see the potential behind your business. Get business financing that lets you grow, not owe:
✔ Holistic approach to approval that assesses the number of invoices, type of industry, creditworthiness, and other factors
✔ Factoring fees between 0.5% and 4.0% that reflects your business, not just a credit score
✔ No surprise fees: we’ll tell you when fees may be charged and how much
Invoice Factoring Loan Advantages and Disadvantages
Is factoring right for your business? Factoring is ideal for businesses that regularly have outstanding invoices and experience cash flow issues as a result.