Invoice Factoring

Invoice Factoring Program Details

We specialize in receivables factoring for growing companies that do not have access to traditional financing sources.

We offer various structures, including full turn receivable financing, where all your invoices are considered for funding, and programs allowing you to choose which customers and invoices you would like funding on.

International accounts receivable programs are available to businesses selling goods or providing customer services abroad.

Recourse Factoring

There are availability-based or invoice-by-invoice programs available so you can control your funding and only pay for what you use.

• Facility sizes from $25,000 to $25,000,000
• Advance rates up to 90%
• Rates start at 1% a month
• Supports credit terms up to 90 days
• Flexible programs that allow you to factor the invoices you want funding on
• Soft verifications that make the factoring process transparent to your customers
• Facility increase can be done the same day to accommodate your growing business
• Dedicated account executives who understand your business and are empowered to make decisions

 Non-Recourse Factoring

Credit protection for approved customers.

• Facility sizes from $100,000 to $50,000,000
• Advance rates up to 90%
• Rates as low as 1.25% (not monthly)
• Supports terms up to 120 days as well as invoice dating
• Industry-specific credit reporting to help you spot declining customer payment trends in your industry
• There are no requirements to borrow; only pay for working capital when you need it
• Reduce customer disputes and identify customer issues ahead of time
• Treated as off-balance sheet financing for companies that have restrictions on taking on new debt

Ledgered Lines of Credit

Bulk facilities eliminate the need to work on an invoice-by-invoice basis. Unlike AR factoring, which requires the submission of individual invoices for funding, ledger lines of credit are based on the full AR ledger submission, which results in a lender-generated borrowing base certificate.

• Facility sizes from $1,000,000 to $50,000,000
• Advance rates up to 90%
• Rates start at 6% APR
• Supports credit terms up to 90 days
• Lender-generated borrowing base certificate
• Works well with stand-alone inventory and equipment financing