Frequently asked questions

Accounts receivable financing is a funding method where a business receives an advance — typically 80% to 95% — against its unpaid B2B invoices. The lender is repaid when the business's customers pay those invoices.

Purchase order financing is short-term funding that pays a business's supplier so it can fulfill a confirmed customer order. The financing is repaid when the end customer pays the resulting invoice.

Invoice factoring is when a business sells its unpaid invoices to a factoring company for an immediate cash advance, typically up to 95% of the invoice value. The factor collects payment from the customer and returns the remaining balance minus a fee.

Freight factoring is when a trucking company sells its unpaid freight bills to a factoring company for immediate payment, usually the same day a load is delivered. The factor then collects from the broker or shipper.