National InvoiceFactoring
Invoice Factoring business financing

Nationwide program

Invoice Factoring

Sell your invoices, get paid today, and let us handle collections.

  • Same-day funding for established clients
  • Spot factoring or full-ledger options
  • Free customer credit checks
  • Professional, relationship-friendly collections
Advance
Up to 95% upfront
Cost
1%–3.5% per 30 days
Funding
Same day to 24 hours

Get a free funding quote

No obligation. No impact on your credit.

What is invoice factoring?

Invoice factoring is the sale of your unpaid B2B invoices to a factoring company at a small discount. You get paid immediately, and we collect from your customer on the normal due date. It's one of the oldest and most reliable forms of business finance in America.

Factoring is ideal when slow-paying customers squeeze payroll, fuel, materials or growth. There's no fixed loan payment — your cost is tied directly to the invoices you choose to factor.

Benefits

  • Same-day funding for established clients
  • Spot factoring or full-ledger options
  • Free customer credit checks
  • Professional, relationship-friendly collections
  • Fuel advances and quick-pay for carriers
  • No long-term contracts on select programs

Who qualifies

  • B2B or B2G invoices for completed work
  • Customers with acceptable payment history
  • Business registered in the United States
  • Invoices free of other liens or able to be subordinated

What you'll need to apply

Applying takes about ten minutes, and nothing here affects your personal credit score.

  • An accounts receivable aging report
  • The invoices you want to factor, with proof of delivery or completion
  • A customer list with contact details for verification
  • Articles of incorporation and your EIN
  • A voided business check and photo ID for each owner

How invoice factoring works

  1. 1

    Choose invoices

    Select which invoices to factor — all of them or just a few big ones.

  2. 2

    Verification

    We confirm the invoice with your customer and run a quick credit check.

  3. 3

    Same-day advance

    Receive up to 95% of the invoice value by ACH or wire.

  4. 4

    We collect

    Your customer pays us; we send you the remaining reserve minus the factoring fee.

Worked example

What invoice factoring actually costs

A $50,000 invoice factored at a 90% advance and 2% per 30 days, paid by the customer on day 30.

Illustrative figures. Your advance rate and fee are confirmed in a written term sheet before you sign anything.

Invoice amount$50,000
Advance rate90%
Paid to you upfront$45,000
Factoring fee at 2%$1,000
Reserve released on payment$4,000

You receive $49,000 of the $50,000 invoice, at a total cost of $1,000.

Compare your options

Invoice Factoring vs. AR Financing

Both turn future customer payments into cash today. They differ in when they apply, what they fund and what they cost.

Invoice FactoringAR Financing
AdvanceUp to 95% upfront80%–95% of invoice value
Typical cost1%–3.5% per 30 days0.75%–3% per 30 days
Funding speedSame day to 24 hours24–48 hours after approval
Best forTrucking, staffing, manufacturing, construction and service firmsB2B companies with creditworthy customers on 30–90 day terms
Read the full comparison

$4.2B+

Funded to U.S. businesses

6,800+

Clients served

up to 95%

Advance rates

24–48 hours

Typical funding time

Industry programs

Who uses invoice factoring most

These sectors sell on the longest terms, which is where invoice factoring returns the most value.

Trucking & Freight invoice financing

Trucking & Freight

Paid in 30–60 days from brokers and shippers

Fuel, insurance, maintenance and driver pay are due every week, but brokers and shippers pay in 30 to 60 days.

Freight factoring turns each delivered load into cash — often the same day you upload the rate confirmation and signed BOL.

  • Fuel advances
  • Driver payroll
  • Truck repairs
Trucking financing
Construction & Contractors invoice financing

Construction & Contractors

Paid in 45–90 days, often with retainage

Progress billing, retainage and pay-when-paid clauses leave subcontractors carrying labor and materials for months.

Construction factoring advances against approved progress billings so you can staff and supply the next phase.

  • Materials
  • Crew payroll
  • Bonding capacity
Construction financing
Oil & Gas Services invoice financing

Oil & Gas Services

Paid in 60–120 days from operators

Operators routinely pay field service companies in 60 to 120 days while crews, fuel and equipment are paid now.

Oilfield factoring converts approved field tickets and invoices into same-week cash.

  • Crew payroll
  • Equipment rental
  • Fuel & sand
Oil & Gas financing
12-truck carrier stops waiting 45 days on brokers

Client scenario

12-truck carrier stops waiting 45 days on brokers

Challenge
A regional carrier was floating fuel and driver pay for six weeks on every load.
Solution
Freight factoring with fuel advances at pickup and same-day pay on delivery.
Outcome
Cash in hand the same day; added four trucks within a year.

Illustrative example based on a typical client situation, not a specific named client.

See the program

Free calculator

Factoring Cost Calculator

Estimate your upfront cash, total fee and effective cost when you factor an invoice.

Open the calculator

Keep reading

Browse every financing guide

Rates, eligibility, comparisons and industry playbooks across AR, PO and factoring.

Read the guide

Invoice Factoring by state

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How it works

From application to funding in three steps

Apply in 10 minutes
01

Apply in 10 minutes

Share basic company info and a recent AR aging or purchase order.

Approval in 24–72 hours
02

Approval in 24–72 hours

We verify your customers and send a clear term sheet — every fee disclosed.

Funded by wire or ACH
03

Funded by wire or ACH

Receive your advance, typically within 24 hours of submitting invoices.

Invoice Factoring FAQs

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.

Other programs

Invoice Factoring isn't the only option

Each program solves a different point in the cash-flow cycle. Compare the terms side by side.

Accounts Receivable Financing

Turn unpaid invoices into working capital in as little as 24 hours.

Advance
80%–95% of invoice value
Cost
0.75%–3% per 30 days
Funding
24–48 hours after approval
Explore AR Financing

Purchase Order Financing

Fund your suppliers and fulfill large orders without draining cash.

Advance
Up to 100% of supplier costs
Cost
1.5%–6% per 30 days
Funding
5–10 business days for first deal
Explore PO Financing

Freight Factoring

Get paid for every delivered load today — not in 30 to 60 days.

Advance
Up to 97% of the load
Cost
1.5%–4% flat per load
Funding
Same day after delivery
Explore Freight Factoring

Ready to unlock your working capital?

Talk to a funding advisor today. Decisions in as little as 24 hours.

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