Why Choose Invoice Factoring?
Stop waiting 30, 60, or 90 days for clients to pay. Factoring accelerates your cash flow so you can take on new projects and cover payroll today.
Instant Liquidity
Receive the majority of your invoice value upfront, usually within 24-48 hours of submitting the invoice.
Not a Loan
Factoring is a sale of an asset (the invoice), meaning you aren't incurring debt or adding liabilities to your balance sheet.
Scales With You
As your business grows and you generate more invoices, your available funding automatically increases.
Understanding How Factoring Works
Invoice factoring is a straightforward process that turns your outstanding receivables into immediate working capital.
1. Invoice the Client
You deliver a product or service to another business and issue an invoice with standard terms (e.g., net 30 or 60 days).
2. Submit to the Factor
You send the outstanding invoice to a factoring company instead of waiting for the client to pay.
3. Receive an Advance
The factoring company advances you a large percentage (often 80% to 90%) of the total invoice amount upfront.
4. Customer Pays
When the invoice is due, your client pays the factoring company directly according to the invoice terms.
5. Get the Balance
The factoring company deducts their agreed-upon fee and transfers the remaining reserve balance back to you.
Do You Qualify?
Unlike traditional loans, approval for invoice factoring depends more on the creditworthiness of your clients than your own business.