Invoice factoring for immediate business needs
Turn unpaid invoices into working capital faster, helping your business bridge cash-flow gaps while waiting on customer payments.
Approval, advance amounts, and terms depend on invoice quality, customer payment history, and funder review.
What is invoice factoring?
Invoice factoring is a financing option where a business sells eligible outstanding invoices at a discount in exchange for faster access to working capital. Instead of waiting 30, 60, or 90 days for customers to pay, your business can convert receivables into cash sooner.
Depending on the structure, the funder may collect payment directly from your customers, or your business may forward customer payments to the funder until the advance is fully satisfied. This can help smooth cash flow without waiting for standard invoice payment cycles.
Because factoring is tied to receivables, funders typically review the quality of your invoices and your customers' payment history. BFS works with funding partners that can help businesses evaluate invoice factoring options and access capital against eligible unpaid invoices.
Convert receivables into working capital
Invoice factoring is designed for businesses that invoice reliable customers but need cash before those invoices are paid.
Large advance potential
Eligible invoice factoring options may start around $20,000 and range up to $10 million depending on invoices and funder approval.
Easy application
Apply with basic business information and submit outstanding invoices for review by the funding partner.
Simple process
Access capital against eligible 30-, 60-, or 90-day invoices instead of waiting for customers to pay on their normal schedule.
When invoice factoring makes sense
Invoice factoring can be a strong fit for businesses that sell to other businesses, issue invoices with delayed payment terms, and need working capital before customers pay. It can help cover payroll, inventory, supplier costs, operating expenses, or growth needs tied up in receivables.
This option is often less about your credit alone and more about the quality of your invoices and the payment reliability of your customers. If your business has reputable customers with a track record of paying invoices, factoring may be worth exploring.
A strong fit for businesses with:
- ✓Outstanding invoices from reliable customers
- ✓30-, 60-, or 90-day invoice payment terms
- ✓Cash-flow needs caused by delayed customer payments
- ✓Business-to-business or commercial receivables
- ✓A need for working capital without waiting on collections
Invoice factoring allows immediate access to capital from outstanding invoices
You only need a few important items to begin the review process.
Valid identification
A driver's license or other government-issued form of identification.
Unpaid invoices
Outstanding invoices from reputable customers or creditors for funder review.
Customer details
Basic information about the customers responsible for paying the submitted invoices.
Business information
Company details, ownership information, and any supporting receivables documentation.
Apply in a few minutes. Access funds in a few days.
Easy application
Apply online or contact an advisor. We'll gather business details and information about your outstanding invoices.
Invoice review
Eligible invoices, customer quality, payment history, and receivables documentation are reviewed by the funding partner.
Approval & funding
If approved, receive an advance against eligible invoices according to the funder's terms and process.
Payment collection
Customer payments are collected or forwarded according to the factoring agreement until the advance is satisfied.
Invoice factoring FAQs
Invoice factoring with BFS
Unlock cash tied up in unpaid invoices. Our advisors can help you evaluate factoring options and connect with funding partners that understand receivables-based financing.