Search Blogs

Invoice Factoring

TURN YOUR ACCOUNT RECEIVABLES INTO CASH – FACTORING LINES FROM $200K – $7 Million

FAST AND AFFORDABLE BUSINESS FINANCING:

Competitive Industry Rates
Wide Selection of Financing Options
Flexible Terms To Fit Your Business.
5 Minute Application
Approval in as Little 24 Hours

 

   

 

Copyright 2022 • Kapitus • All Rights Reserved Loans made in California are issued by Strategic Funding Source, Inc. dba Kapitus, pursuant to California Finance Lenders License No. 603-G807.

FEATURES & BENEFITS

Mountains
CASH FLOW WITHOUT DEBT
Since invoice factoring is cash provided to you based on outstanding invoices, it is not a loan and will not add liabilities to your balance sheet. With invoice factoring you don’t have to wait 30- 90 days to get payment for services/goods delivered and you don’t have a monthly loan payment.
Mountains
QUICK ACCESS TO CASH
The total time it takes to access financing through invoice factoring is typically anywhere between 1-2 weeks. The easy application and underwriting processes will range between 5-10 days and once your invoices are approved, funds are usually provided with 24-48 hours.
Mountains
FLEXIBLE TERMS & REASONABLE RATES
Owners are free to choose which invoices they would like to factor and the frequency at which they would like to factor an invoice – there are no long-term contracts required. Factoring rates have seen a dramatic decrease over the past few years, with fees as low as 1.5%.

FAQ

READY TO APPLY?

If invoice factoring seems like the right fit for you, let’s get you ready to apply. To begin the application, you will need to be able to provide an accounts receivable/payable aging report, articles of incorporation or partnership agreement, personal or corporate tax return and personal or corporate financial statement. Also, be sure to check the credit of your commercial clients. Invoice factoring does not pull your credit, but your commercial clients’ credit must be in good standing. Additional documentation will likely be required as you move through the underwriting process. If you’re still not sure that invoice factoring is right for you, you can use our financing matching tool or give us a call at (800) 780-7133 to speak with one of our financing specialists.