Invoice Factoring
Sell your outstanding B2B invoices at a discount and get up to 90% of the face value advanced within a day or two. Financing scales with your receivables, not your credit score.
Apply NowWhy this product works
Not a loan
Factoring is a sale of receivables, so it doesn't add debt to your balance sheet.
Credit follows your customers
Approval leans on your customers' payment history, not your FICO.
Scales as you grow
The more you invoice, the more capital is available — automatically.
Best for
- Trucking and freight carriers waiting on broker pay
- Staffing agencies covering weekly payroll
- Construction subs and wholesalers on net-30/60/90 terms
Do I qualify?
Typical published ranges for this product. Your actual offer depends on your full file — these are the numbers most approvals land inside.
- Funding range
- $10K – $10M
- Typical cost
- 1% – 4% per 30 days
- Term
- Revolving, per invoice
- Min. time in business
- 3 months
- Min. monthly revenue
- $10K/mo invoiced
- Min. credit score
- No minimum
- Speed to funding
- 24 – 72 hours
- Collateral
- The receivables themselves
Advance of 80% – 90% of invoice face value
FAQ
Invoice Factoring — Frequently Asked Questions
What is invoice factoring?
Invoice factoring is the sale of your unpaid B2B invoices to a factoring company at a discount. You receive an advance — typically 80–90% of face value — within 24–72 hours, and the balance (less the factoring fee) when your customer pays.
How much does invoice factoring cost?
Factoring fees typically run 1%–4% of the invoice value per 30 days outstanding. Rates depend on your industry, invoice volume, and the credit strength of the customers you bill.
What's the difference between recourse and non-recourse factoring?
With recourse factoring you buy back invoices your customer never pays, which keeps fees lower. With non-recourse factoring the factor absorbs the credit loss if your customer becomes insolvent, at a higher fee.
Do I need good credit to factor invoices?
No. Underwriting focuses on the creditworthiness of the customers who owe you, which is why factoring works for newer businesses and owners with bruised personal credit.
Which industries use invoice factoring most?
Trucking and freight, staffing, construction subcontracting, manufacturing, wholesale distribution, and government contracting — any business that invoices other businesses on net terms.