Invoice Financing & Factoring
Advance cash against outstanding invoices — two distinct options.
Invoice financing and invoice factoring both let you access cash tied up in unpaid invoices, but they work differently. With invoice financing, you borrow against invoices and remain responsible for collection — your customers pay you. With factoring, you sell invoices to a factor at a discount, and the factor collects directly from your customers. The distinction matters for cost, customer relationships, and control.
Minimum Requirements & Program Details
These are starting requirements for selected programs. Availability and final terms depend on the funding partner and underwriting. Other options may be available. Meeting a minimum does not guarantee approval.
Invoice Financing & Factoring
Program-specific—request a funding review
- Minimum credit
- Program-specific—request a funding review
- Time in business
- Program-specific—request a funding review
- Financing amount
- Program-specific—request a funding review
- Term / structure
- Advance a percentage of invoice value; balance minus fees at payment
Availability and final terms depend on the funding partner and underwriting. If a requirement is unresolved for your situation, we'll note it as program-specific and confirm it during your review. Other options may be available.
Common uses
- Long payment terms straining cash flow
- B2B businesses with creditworthy customers
- Funding growth without new debt
- Covering payroll while waiting on receivables
When it fits
- Your customers are creditworthy businesses
- Your invoices are unpaid but due soon
- You need cash faster than your customers pay
How it generally works
- 1Financing: you borrow against invoices and collect from customers yourself.
- 2Factoring: you sell invoices to a factor, who collects from your customers.
- 3Both advance a percentage of the invoice value upfront.
- 4The balance (minus fees) is released when the invoice is paid.
Factors funding partners may consider
- Creditworthiness of your customers (not just you)
- Invoice aging and concentration
- Your industry and customer mix
- Whether customers are notified (factoring often notifies)
Documents to prepare
We provide the exact checklist for your program after reviewing your request — you don't need to order an appraisal or gather everything before reaching out. Initial review items help us assess fit; additional underwriting & closing items are requested only once a partner program is confirmed. Sensitive documents are handled through our invitation-only secure process — never on the public intake.
Initial Review
- Aging accounts-receivable report
- Sample invoices
Additional Underwriting & Closing
- Customer creditworthiness details
- Business bank statements
Curious whether this fits your situation?
Request a review — we'll confirm fit and suggest alternatives if another product suits you better.
Illustrative scenario
A B2B services firm with 45-day customer terms factors a batch of invoices to make payroll now, receiving an advance and the remainder (minus fees) when customers pay. Actual advance rates and fees depend on the partner and customers.
How it compares to related products
Financing vs. Factoring
Financing keeps you collecting from customers; factoring hands collection to the factor and often notifies customers.
vs. Line of Credit
Invoice products are tied to specific receivables; a line is general-purpose and reusable.
Learn moreFrequently asked questions
Ready to explore invoice financing & factoring?
Request a funding review and we'll help confirm fit and identify alternatives. Any match is preliminary until reviewed.