Factoring My Invoice — Unlock Your Cash Flow Instantly

AI INSIGHT: Avg factoring rate today is 2.50% - 3.00% • TRENDING: Trucking freight volume up 4% this month • LIVE RATE: Prime Rate holding steady at 8.50% • AI ALERT: Approval times currently averaging < 18 hours • MARKET: 78% of staffing firms reporting 60+ day payment delays • GET YOUR FREE AI QUOTE •

Is invoice factoring a loan?

No. Factoring is not a loan; it is the sale of an asset (your unpaid invoice) at a small discount. Because you are selling an asset rather than borrowing money, factoring does not create debt on your balance sheet and does not require you to make monthly loan payments.

How fast can I get funded?

Once your account is set up, we typically fund approved invoices within 24 hours. The initial setup and due diligence process usually takes 3 to 5 business days.

Do I need good credit to qualify?

Because the factoring company relies on your customer to pay the invoice, we care much more about your customer's creditworthiness than your personal or business credit score. Startups and businesses with less-than-perfect credit are often approved.

Do I have to factor all of my invoices?

No. We do not require "whole ledger" factoring. You have the flexibility to choose which customers and which invoices you want to factor, allowing you to control your costs.

Will my customers know I am using a factoring company?

Yes. We will send a "Notice of Assignment" to your customer, instructing them to remit payment to our lockbox. Factoring is incredibly common in B2B industries, and most large corporations and government entities are very accustomed to paying factoring companies.

Still have questions?

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Frequently Asked Questions

Is invoice factoring a loan?

How fast can I get funded?

Do I need good credit to qualify?

Do I have to factor all of my invoices?

Will my customers know I am using a factoring company?

Ready to unlock your cash flow?

Alex