Invoice Factoring for California companies
California's economy is driven by the nation's largest economy, from LA ports and apparel to Silicon Valley tech and Central Valley agriculture. Companies in these sectors frequently wait 30 to 90 days for payment, and invoice factoring converts those waiting periods into immediate working capital.
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.
Who qualifies in California
- 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 California businesses need to apply
Applying takes about ten minutes. Most California companies already have everything on this list, 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
