Invoice 
Factoring

Absolutely — invoice factoring can be much easier to qualify for than traditional business loans. Because factoring companies focus more on the creditworthiness of your customers (the ones who owe you money) rather than your company’s own credit history or how long you’ve been in business, newer companies and those with limited credit records may still be approved.

Yes — it’s possible. Invoice factoring is often more flexible than many traditional financing options because approval is based largely on your customers’ credit and payment history rather than your business’s own credit profile. This makes it a financing option that many businesses can access even if they haven’t qualified for other types of funding. Complete our quick application to see if you’re eligible, and we’ll help match you with a factoring partner that fits your business needs.

Invoice factoring isn’t a traditional loan, so you don’t make fixed loan payments. Instead, you sell your unpaid invoice to a factoring company in exchange for an advance on its value. The factoring company then takes over collecting payment from your customer. Once your customer pays the invoice in full, the factor settles the remaining balance with you, minus their fees — there’s nothing you have to “pay back” like a typical loan.