Invoice handoff: what to check before applying

What to bring to a funding conversation

Prepare proof of delivery, buyer acceptance and the issued invoice for a possible receivables facility.

A confirmed buyer order, the supplier's written quote, product and delivery terms, and a margin worksheet show how the transaction will be fulfilled.

Identify the buyer, transaction amount and the exact date cash is needed; a specific packet is more useful than a broad sales projection.

How to compare cost and timing

List each step—supplier payment, production, shipment, acceptance and the buyer's final payment—on a timeline. Ask for the total cost in dollars if the buyer pays on schedule and if payment is delayed.

A fee quote should explain when charges begin, whether there are minimums, and who receives customer payments.

Decision point

After delivery and acceptance, the funding need can shift from supplier costs to the wait for invoice payment.

The post-delivery facility has its own eligibility and cost terms.

Compare this proposal with a bank line, trade credit or self-funding using the same transaction and dates. The lowest advertised rate may not cover the cash need at the right time.

Next step

Send a confirmed order or completed invoice and supporting evidence to National Invoice Factoring for an individual review. No financing terms or approval can be inferred from this general guide.