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Small Business Factoring

Unlock working capital tied up in your small business’s customer invoices – without waiting for your customers to pay.

•   Fees as low as 5%

•   Advances up to 90%

•   Fast funding

•   Flexible, tailored programs

Get a quote for small business factoring with same day funding, low factoring fees and high advances, with a program tailored to the unique needs of your business.

Fast, Secure and Easy

Here’s how the small business invoice factoring process works:

1. APPLY

Apply for small business factoring and we’ll put together options based on your business needs and preferences.

2. FACTOR INVOICES

Go from approval to your first funding in as little as 24-48 hours — or even faster; factor only when you choose.

3. SPEED UP CASH FLOW

Turn expedited cash flow into growth and competitive advantages.

Small Business Factoring Fees and Rates

What type of small business factoring fees and advances do we offer?

We offer small business factoring with fees as low as 5% and advances up to 90%. Because your fee will be assessed based primarily on your customer’s credit-worthiness (not your organization’s) you can be a “small” factoring client and still get great factoring rates!  We offer factoring services with great amenities, such as:

  • Factoring fees as low as 5%
  • High advances on factored invoices – up to 90%
  • Fast funding
  • No long term contracts
  • Credit reports to help you vet new customers
  • No minimums – factor when you think it’s best for your business
  • No hidden fees — no application, due diligence or schedule processing fees

What type of small businesses can enjoy the benefits of invoice factoring?

Just about any type of company that invoices customers for payment or waits on promised payments (like app developers or Amazon and Zulily sellers) may be able to factor invoices.

  • Staffing and temporary employment agencies (security services, nursing, etc.)
  • Commercial cleaning or other service businesses
  • Beer, Wine and Spirits
  • Business consulting and B2B business services
  • Trucking, transportation and logistics
  • Supply chain distributors and manufacturers
  • 3rdparty sellers like Zulily vendors and Amazon merchants
  • Vendors selling through Costco, Walmart and other mass retailers
  • Textile, clothing, accessories and other wholesalers
  • Oil and gas (and all gas and oil field contractors)
  • Energy and utilities companies and contractors – any many others.

Stop chasing customer payments!

Speed up cash flow by factoring invoices instead of waiting 30, 60, 90 days or longer for customers to pay.

How it works

Small Business Factoring – How the Process Works

Request a free, no obligation quote (or apply online) to determine how much working capital you could unlock by factoring invoices, instead of waiting for customers to pay.

Once you’ve been approved and have factored at least one invoice, receive your first funding in days (or even hours) and get same day funding up to 90% of the invoice amount when you factor invoices after that.

How the Small Business Invoice Factoring Process Works

Invoices factored are typically funded on the same day – up to 90% of the face value of the invoice, with the remainder placed in “reserve” pending customer payment.

For instance, let’s say that you are billing a customer in the amount of $12,000 but you want to access the funds without waiting weeks – or even months – for your customer to pay.

Assuming a factoring fee of 5%, and an advance rate of 90%, here’s how it would work:

Day 1 – Generate $12,000 client invoice and factor it
 – Same Day Your company receives 90% advance of $10,800 by wire transfer or ACH
The factoring company earns 5% factoring fee
Day 30+ Your company receives any amount held in reserve after the invoice is paid
Why Factor Invoices?

Factoring Speeds Up Small Business Cash Flow

Invoice factoring is a cash flow management tool that unlocks the money tied down in as-yet unpaid customer invoices. Instead of waiting weeks or months for a customer to pay, you can factor the invoice with a small business factoring company for a small fee (called a factoring fee).

You’ll get an immediate advance which could be up to 90% of the face value of the invoice. Your customer can still pay on their terms, but you don’t have to keep waiting on their payment.

Creating faster or more consistent cash flow is the most common reason for factoring, but small business owners in particular may relate to some of the other reasons companies choose to factor invoices:

  • To unlock working capital to fuel business growth
  • To leverage working capital for better terms or early-pay discounts with suppliers
  • To extend generous customer payment terms – often 30-90 days – as a competitive advantage
  • To offset the long payment terms that big customers can mandate
  • To access working capital needed to take on larger accounts or big orders
  • To minimize the slow cash flow caused by slow-paying customers
  • To improve their ability to meet operating expenses and payroll
  • To free up money for capital expenditures like equipment purchases, repairs, renovation or expansion

We would be happy to talk to you about how small business factoring can benefit your company. Request a quote and we’ll reach out with more information.

Benefits of Factoring Invoices

Benefits of Small Business Factoring

Every business needs adequate cash flow but for small business, it’s the lifeblood of operations. Without adequate cash flow you may find that you can’t take on new business as quickly as you’d like, you have trouble fulfilling large orders or cash flow simply doesn’t keep pace with expenses.

For a majority of our small business factoring clients, expediting cash flow is their primary reason for factoring. Instead of waiting on customer payments, you can factor a customer invoice on the same day it’s generated and receive and advance of up to 98 percent of the face amount of the invoice right away.

Expedited cash flow gives a small business more flexibility to:

  • meet operational expenses
  • extend more generous payment terms to their customers as a competitive advantage
  • reinvest working capital in their business more quickly in order to expand
  • improve ability to service larger accounts or take on new customers

There are also additional benefits for businesses that choose non-recourse invoice factoring over factoring with full recourse. Non-recourse factors assume the credit risk for the invoices they purchase. When you factor invoices with a non-recourse factoring company, you can reduce or even eliminate your small business’s financial risk from bad debt.