Revolutionize Your Cash Flow with Invoice Factoring Today
How Invoice Factoring Works
The process of invoice factoring is straightforward. Once you deliver goods or services to your customer and issue an invoice, you can sell this invoice to a factoring company. The factor typically advances 70% to 90% of the invoice value immediately. Once your customer pays the invoice, the factor releases the remaining balance to you, minus their fee. This fee can vary, generally ranging from 1% to 5% of the invoice value, depending on factors like industry risk and invoice volume1.