Invoice Factoring

Turn your unpaid invoices into immediate cash

What is Invoice Factoring?

Invoice Factoring allows you to sell your outstanding invoices to receive immediate cash instead of waiting 30, 60, or 90 days for customer payments. This financing solution provides quick access to working capital tied up in accounts receivable.

The factoring company advances you a percentage of the invoice value (typically 80-90%) immediately, then collects payment directly from your customer. Once paid, you receive the remaining balance minus a small factoring fee.

💡 Perfect For:

B2B businesses with outstanding invoices, companies experiencing rapid growth, or businesses that need to improve cash flow without taking on debt.

Advantages & Considerations

✓ Advantages

  • Cash in your account within 24 hours
  • No debt added to your balance sheet
  • No collateral required
  • You choose which invoices to factor
  • Approval based on customer creditworthiness
  • Fast and simple application process
  • Flexible funding amounts
  • Improve cash flow immediately

⚠ Considerations

  • Factoring fees typically 1% to 5% of invoice value
  • Customer becomes aware of factoring arrangement
  • Not all businesses qualify
  • Requires good customer credit history
  • May need to buyback unpaid invoices
  • Long-term can be more expensive than loans

Qualification Requirements

  • Time in Business: Minimum 6 months of operation
  • Monthly Revenue: At least $10,000 in monthly business income
  • Invoices: Outstanding B2B invoices with creditworthy customers
  • Bank Statements: Last 3 months of business bank statements
  • Invoice Documentation: Copies of invoices to be factored
  • Customer Information: Details about customers who owe payment

How Does It Work?

1. Submit Invoices: Choose which outstanding invoices you want to factor.

2. Get Approved: We verify your customers' creditworthiness and approve your invoices.

3. Receive Cash: Get 80-90% of invoice value deposited in your account within 24 hours.

4. Customer Pays: Your customer pays the invoice directly to the factoring company.

5. Receive Balance: You receive the remaining balance minus the factoring fee.

Key Benefits for Your Business

  • ✓ Funding within 24 hours
  • ✓ Factor invoices from $1,000 to $10 million+
  • ✓ No maximum funding limit
  • ✓ Minimal documentation required
  • ✓ No long-term contracts
  • ✓ Improved cash flow management

Ready to Apply?

Convert your invoices to cash today

Apply Now