Invoice Factoring & Discounting - Rates as low as 1.5%

Invoice Factoring & Invoice Discounting

Waiting 30 to 60 days to get paid for your invoices can create a challenge for business owners. Unpredictable cash flow forces managers to juggle employee and supplier payments and prevents them from taking on new opportunities.

Invoice factoring solves this problem. It provides the funds you need to pay employees and suppliers, and enables you to tackle new opportunities with confidence. By factoring invoices, you get predictable cash flow while strengthening your company’s financial position.

Rates as low as 1.5% (based on volume/industry). Please click here for an instant factoring quote or call (877) 300 3258 to speak to a representative

Invoice factoring benefits

Invoice factoring and discounting benefits companies that must offer net 30/60 terms to their clients to stay competitive, but need to get paid sooner. Companies in transportation, staffing, manufacturing and businesses services can benefit from invoice factoring.

The benefits of invoice discounting include:

Predictable cash flow - thanks to advances against your invoices
Flexible financing - grows as your sales grow
Less bad debt - thanks to advanced commercial credit monitoring
Sales growth - as you are able to deploy capital for new opportunities

How does invoice discounting work?

Discounting invoices is straight forward and can be used by most companies. It works as follows:

You send an invoice to your client as you normally would
We provide you an advance on the invoice (80% to 90% based on industry)
Your client pays the invoice in full
We rebate you the remaining 10% to 20% (less fees) and settle the transaction

Invoice factoring costs

The cost of factoring your invoices varies and is based on a few variables such as the reliability of your clients and the amount of financing you need. Monthly rates can go from 1.5% to 4% depending on these criteria. For a more specific quote, please use our instant factoring quote form.

Instant quote