Learn More About Invoice Factoring
What is Invoice Factoring?
Invoice factoring is a financial service that helps businesses improve cash flow by selling their unpaid invoices to a third party, known as a factoring company. Instead of waiting 30, 60, or even 90 days for customer payments, companies can get immediate access to working capital.
HOW DOES INVOICE FACTORING WORK?
1.
You Provide Goods or Services
Your business delivers goods or services to a customer as usual and issues an invoice.
3.
Customer Pays the Invoice
Your customer pays the factoring company directly, usually within the original invoice terms.
2.
You Sell the Invoice to a Factoring Company The factoring company buys your invoice, typically advancing 70%–90% of its value within 24 to 48 hours.
2.
You Receive the Remaining Balance
Once payment is received, the factoring company sends you the remaining balance, minus a small factoring fee.
Benefits of Invoice Factoring
Improve Cash Flow
Get paid immediately, not in 30–90 days.
No New Debt
Unlike a loan, factoring doesn’t create liabilities.
Scalable Solution
Grows with your business and sales volume.
Faster Than Traditional Financing
No lengthy credit approvals.
Who is Invoice Factoring For?
Invoice factoring is ideal for:
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Small and mid-sized businesses with slow-paying customers
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B2B companies that invoice for goods or services
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Industries like trucking, staffing, manufacturing, and professional services
IF CASH FLOW GAPS ARE HOLDING YOU BACK, FACTORING MAY BE THE SOLUTION YOU NEED.
Frequently asked questions
Ready to Improve Your Cash Flow?
If you're tired of waiting on slow-paying customers and want to free up working capital, invoice factoring could be your next smart move.
Whether you're looking to stabilize operations or fuel growth, we’re here to help.
Apply Now to speak with a factoring specialist.
