Invoice Factoring
Invoice factoring is a form of alternative financing that involves selling your outstanding invoices to a factoring company in exchange for cash up front. Because it's a sale, not a loan, it doesn't impact your credit like traditional bank financing.
Invoice Factoring is Ideal for:
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Businesses with long accounts receivable periods
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Businesses with large numbers of outstanding invoices
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Filling in the gaps between sending invoices and receiving payment
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Invoices valued at $15,000+ with extended credit terms, and which are not more than 90 days past due
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Businesses seeking fast funding
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B2C businesses that need smaller amounts of funding
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Businesses with lower credit scores or that do not have collateral, such as real estate and other major assets
Invoice factoring can benefit construction companies, pharmacies, law offices, manufacturers, business services, and more. No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.
