Factoring
Factoring helps businesses unlock working capital tied up in unpaid invoices by converting receivables into immediate cash. This improves liquidity without taking on debt or impacting your balance sheet.
For companies waiting on payments from customers or government contracts, factoring can offer a practical solution to bridge gaps in revenue, cover payroll, or fund operations without delay.
Factoring Requirements
Factoring is based on the strength of your receivables rather than your credit profile. We underwrite based on the payer’s reliability and your company’s invoice quality.
- Signed factoring application and your company’s certificate of incorporation
- Copies of recent invoices and corresponding aging report
- Proof that deliverables have been met or accepted if applicable
- Customer contact information for verification and payment instructions
- Bank account details for funding deposits and lien release from prior factors if applicable
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Want to get paid faster without chasing clients?
Factoring allows you to receive most of your invoice amount upfront while the lender waits for your client to pay. You avoid cash flow disruption and reduce administrative strain.
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Have government or corporate clients with long payment cycles?
If your payers are slow but reliable, factoring offers a perfect fit. Approval is based more on their creditworthiness than yours.
