Invoice Factoring

Get paid now for work already delivered

You sell us specific unpaid invoices from creditworthy commercial customers. We advance most of the face value straight away, collect from your customer on the original terms, and release the remainder less our fee when they pay. Nothing repays on a schedule — each invoice closes itself out when it settles. The credit that matters here is your customer’s, not yours.

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$10,000 – $2,000,000Receivables funded
Per invoice, typically 30 to 90 days until the customer paysTerm
Facility opened in two to four business days, invoices advanced within 24 hours after thatFunding speed

A freight bill and delivery paperwork on a dispatch desk

Terms

Every number on this product, in one place

Receivables funded: $10,000 – $2,000,000 outstanding at any time
Advance rate: 80 to 92 percent of face value, paid on submission
Cost: A discount fee charged per invoice against the days outstanding
Settlement: The reserve is released when your customer pays; nothing is repaid on a schedule
Invoice age: Current invoices for work already delivered and accepted
Facility setup: Two to four business days, then invoices advance within 24 hours

In practice

Where an advance earns back what it costs

Businesses that invoice other businesses on 30, 60 or 90-day terms and cannot afford to wait for them.

Your customer’s credit carries the underwriting, which helps young businesses with strong clients.
There is no fixed schedule — each invoice concludes when it is paid, and that is the whole cycle.
You choose which invoices to submit; it does not have to be the entire ledger.
Notification is standard, meaning your customer remits to us; non-notification is available on larger facilities.
Construction progress billing and medical receivables are handled on separate terms — ask before you submit.

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Two small-business owners standing together behind their counter

Eligibility

Whether this is worth the rest of your morning

Time in business: 6 months or moreCounted from the day the business began trading, not the day the entity was filed.
Monthly revenue: $15,000 or moreGross deposits into the business account. Consistency across four months counts for more here than one unusually strong month.
Business bank account: RequiredIt must be open, active, and held in the trading entity’s own name — a personal account will not do.
Personal credit score: 550 or aboveWe review credit and we publish the floor so nobody wastes a week finding out. Above 550 it is one input among several, and deposit consistency is what carries the decision.
Location: United StatesWe fund entities formed and operating inside the United States. We fund in all fifty states from our office on Water Street.

Clearing all five is what gets the file read properly. It is not an offer — we turn business away every week, and would rather do it in an hour than in a fortnight. We do not fund gambling, adult entertainment, firearms dealing, cannabis at any point in the supply chain, or any activity unlawful under federal or state law.

Detail

Specific questions about the advance

Will my customers know?

On a standard notification facility, yes — they receive an assignment notice and pay us directly. It is routine in freight, staffing and wholesale and rarely raises an eyebrow. Non-notification arrangements exist for larger facilities and are priced differently.

What if a customer never pays?

It depends on the facility. On a recourse arrangement the invoice comes back to you after an agreed number of days and you repay the advance. Non-recourse absorbs a customer’s insolvency for a higher fee. Which one you have is stated plainly in your agreement.

An advance is not a loan — so what is it?

No, and the distinction is legal rather than a matter of marketing. The transaction is a sale. A stated dollar amount of receivables you have not yet collected passes to us, we pay a discounted price for it today, and we recover the stated amount out of settlements as they land. Because nothing was lent, the agreement has no rate attached to it, no APR and no due date — those are features of debt, and this is not debt. Anyone selling an advance while calling it a loan either does not understand the product or is relying on you not to.

How does a factor rate work?

Multiply once and you are finished. An $80,000 advance at 1.28 means we buy $102,400 of your receivables, and the $22,400 sitting between those two figures is what the money costs you — all of it, with nothing else added anywhere. That gap does not respond to time. Deliver in six months or in eleven and it is still $22,400, which is precisely the opposite of how interest behaves on a balance you are carrying. You can work the total out on the back of an envelope before you sign, and the envelope will be right.

How much does my credit actually count for here?

The floor is 550, and we publish it rather than making you find out after you have sent four months of statements. Below 550 we cannot fund an advance and we will say so on the first call. Above it, credit is one factor among several and seldom the deciding one — the bank account decides it. We do pull credit during underwriting, so nobody should be surprised when it happens.

Other structures

If an advance is the wrong shape for this

A term loan, a revolving line, equipment paper, an SBA file or factoring may cost you considerably less. We fund all six, so there is nothing in it for us to push you toward the expensive one.