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
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
Factoring My Invoice
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How Factoring Works

Stop waiting 60 days to get paid. Learn how we turn your unpaid invoices into immediate working capital in 3 simple steps.

Submit Invoices
1

Submit your invoices

Generate your B2B invoices exactly as you normally do. Instead of sending them directly to the customer and waiting to get paid, you submit them to us through our secure online portal or accounting integration.

  • Connects with QuickBooks & Xero
  • Choose which invoices to factor
  • No minimum volume required
Instant Advance
2

Get an instant advance

Once verified, we deposit up to 90% of the invoice value directly into your bank account within 24 hours. The remaining 10% (the "reserve") is held until your customer pays.

  • Same-day wire transfers
  • Use the cash for payroll or growth
  • Debt-free working capital
Customer Pays
3

We collect, you get the reserve

Your customer pays us directly according to their normal 30 to 90-day terms. Once paid, we immediately release the reserve amount back to you, minus our small, transparent factoring fee.

  • Professional, courteous collections
  • Transparent flat fees
  • Complete account dashboard

Let's look at a real example

Here is exactly what happens when you factor a $10,000 invoice.

Invoice Value

$10,000

Advance Rate

90%

Factoring Fee

2.75%

Day 1: Instant Cash Advance (90%) +$9,000
Held in Reserve (10%) $1,000
Day 30: Customer Pays Us $10,000
Our Factoring Fee (2.75%) -$275
Day 30: Reserve Released to You +$725

Total cash received: $9,725

You got $9,000 immediately to run your business, instead of waiting 30 days for the customer to pay.

Ready to unlock your cash flow?

Join 1,000+ B2B businesses that trust Factoring My Invoice to turn unpaid invoices into working capital — fast.

Email Us Free Quote