Funding option

Invoice factoring

Invoice factoring involves selling unpaid invoices to a third-party company at a discount. It can turn eligible accounts receivable into near-term cash instead of waiting for customer payments.

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Business owner at work

What it can help fund

Businesses managing receivables with 30, 60 or 90-day payment cycles. Financing terms, eligibility and approval depend on the lender or lending partner and the details of the application.