Invoice factoring from $25K and available up to $25M.
A factoring company will usually assess upfront to understand how long it will take to receive full payment from your business customers. Arrangements usually range between 30 to 90 days, but in certain circumstances can extend longer depending on the type of invoice receivables being factored.
The factoring company will typically advance between 80-90% of the invoice value to the business. The remaining 10-20% of the invoice value is released to the business, minus a factoring fee (ranging from .5% up to 4% per month), depending on qualifying factors.
Give us a call or get started online, either way, it will only take a few minutes. We’ll capture the business specific information, advise you on any additional documentation and next steps.
Once your application has been processed and reviewed, an Advisor will reach out with options and help you choose the best financing solution.
Once approved, funds typically release the same day to your business bank account