Invoice Financing

Highlights

  • Amount

    Up to 90% cash advance on unpaid invoices

  • Payment Frequency

    30 to 60 Days

  • Transaction Fee

    Invoice financing company collects unpaid invoices on behalf of client, and returns the cash less a 1.5% to 3.0% fee.

     

    1.5% – 3.0%

  • Time To Fund

    Expedited loan application process with minimal documents.

     

    2 – 5 Business Days

  • Other Requirements

    No Collateral Required

Learn the Good & the Ugly
PROS
  • Flexible credit standards with FICO requirements starting at 580
  • Short application with quick approval turnaround
  • Minimal paperwork requirements
CONS
  • Potential for high transaction fees
See What you need to qualify

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Profit & Loss Statement and Balance Sheet required. Financials from Quickbooks, Xero or other accounting software is acceptable

 

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