Turn your outstanding invoices to immediate cash flow instead of waiting for customers to pay. Unlike a loan, there are no monthly payments, and you remain debt-free!
Fill out the form and our underwriting team will reach out to get you an offer in minutes and funds in your account in days instead of weeks or months
There’s no obligation to accept the offer OR impact to your credit score.
$10k to $10M
Flexible based on your businesses cash flow cycles
As little as 24 hours
As little as 3 business days
Instead of waiting for the customer to pay, the business sells their outstanding invoices, usually with 30 to 60-day payment terms, to a factoring company (factor). The factor then gives an upfront advance, typically around 70-90% of the invoice value. Once your customer has paid the full amount of the invoice to the factoring company, the factor will release the remaining balance of the invoice amount to you minus their service fee.
Invoice factoring works best for businesses with reliable customers that have a consistent payment history. Having said that, there are different types of invoice factoring based on terms and conditions. Some arrangements require the business to buy back the unpaid invoice while others release the business from bad debt.
If your business is in a high-growth phase, has reliable customers and needs quick cash flow without incurring debt, Invoice Factoring can be an excellent solution for you.
It’s definitely popular across various industries where businesses frequently extend credit to customers and have long payment cycles like in Manufacturing, Wholesale and Distribution, Staffing and Recruitment, Transportation and Freight and Technology/Saas companies to name a few.
222 Pacific Coast Hwy El Segundo, CA 90245