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Invoice factoring
Turn unpaid invoices into cash now instead of waiting on customers’ payment terms.
How it works
With invoice factoring, a funding provider buys your outstanding invoices at a discount and advances most of their value up front, then collects from your customers. It suits businesses that invoice other businesses on payment terms.
Typical useBridging 30–90 day customer payment terms
How it worksAn advance now, the remainder (less fees) when your customer pays
What providers look atYour customers’ creditworthiness and invoice history
Worth knowing
- Based largely on your customers’ credit, not just yours
- Your customers may pay the factoring provider directly
- Fees depend on volume and how long customers take to pay
Amounts, costs and terms are set by each funding provider and depend on your business. We’ll show you the full cost of any offer before you decide.
Apply for invoice factoring