Invoice Factoring and Purchase Order Financing

Can’t afford to wait 30 to 60 days to get paid by your commercial or government customers? Invoice factoring provides you an advance on your slow paying invoices so you can pay employees and suppliers. We can provide you with a competitive factoring and purchase order financing quote - today.

Want an instant factoring quote? Get an online quote now! Questions? Call (866) 730 1922. Services in the USA and in Canada.

Select a Financing Category:

Invoice Factoring Program - All Industries

Financing for small and medium sized service and supply companies in the technology, manufacturing, consulting and services industries.

Freight Bill Factoring for Trucking Companies

Financing for trucking companies, freight brokers and commercial transportation companies

Purchase Order Financing

Purchase order funding and purchase order financing for small and medium sized distributors, importers and product resellers

Invoice Factoring for Government Contractors

Specialized financing for companies that provide services and products to state and federal governments

Invoice Factoring for Staffing Agencies

Specialized financing for staffing and temporary employment firms in the business and medical sectors

Invoice Factoring for Security Companies

Specialized factoring program for companies that provide security guards to commercial, industrial and government sites

Construction Factoring

Specialized factoring program for subcontractors in the construction industry

Medical Factoring

Specialized financing for healthcare practitioners that bill private insurance companies, Medicare and Medicaid.

What is invoice factoring?

Factoring is an effective form of business financing in which you sell your invoices to a factoring company in exchange for immediate payment. It eliminates the 30 to 60 days that your customers take to pay your invoices and provides you with the working capital you need to run your business.

Factoring invoices is simple and can be used by most businesses. Here is how it works:

You deliver goods / services to your client and issue an invoice
You sell your invoice to a factoring company, who immediately advances you the 1st installment. This will be between 70% and 90% of the gross value of the invoice. You usually receive the advance in as little as 24 hours
After 30 to 60 days, the invoice is paid by your customer and the factoring company advances you the remaining funds as a 2nd installment, less a small financing fee

An important result of the using invoice factoring you will get predictable cash flow. Factoring eliminates the uncertainty of when you’ll get paid.

Benefits of factoring your invoices

Using factoring to finance your business has a number of benefits. They are:

Factoring invoices gives you predictable cash flow. It eliminates the uncertainty of when you’ll get paid by your customers
Invoice factoring lines are tied to your sales. Your financing line grows as your sales and your company grow
Factoring is easy to obtain and can be set up in days
Factoring invoices is ideal for established companies or startups

Are factoring and purchase order financing easy to obtain?

Obtaining an invoice factoring financing line is a lot faster, simpler and easier than applying for a conventional business loan. The biggest requirement is that your company must do business with reputable customers, since your invoices are the factoring company’s collateral. This makes it an ideal product for both established businesses or startups, whose main asset is a solid roster of reliable customers. Generally, a factoring line can be established in 2 to 4 days.

Want an instant factoring quote? Get an online quote now! Questions? Call (866) 730 1922. Services in the USA and in Canada.

Need more information?

You can learn more about factoring by going to our factoring resource center. To learn more about our other financing programs, please go to our business finance resource center. Here are some of the articles you can find at the resource center:


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Last change 7/30/2008