Invoice Factoring
Turn your unpaid invoices into immediate cash. We connect you with trusted factoring companies that specialize in your industry - completely free.
15+
Partner Companies
2hrs
Response Time
100%
Free Service
$0
Cost to You
What is Invoice Factoring?
Invoice factoring is a financial service where you sell your unpaid invoices (accounts receivable) to a factoring company at a discount in exchange for immediate cash. Unlike a loan, factoring doesn't create debt on your balance sheet.
CashMyInvoice helps you find the best factoring company for your needs. We compare options from 15+ trusted partners to find you the best rates - completely free. Our partners handle collections professionally while you get the cash you need to grow.
Benefits of Invoice Factoring
Fast Funding
Our partners typically fund within 24-48 hours
Competitive Rates
Compare rates from multiple factoring companies
Vetted Partners
We only work with trusted, reputable factoring companies
Free Service
Our matching service is 100% free to businesses
How It Works
1. Submit Invoices
Send us your unpaid B2B invoices. No minimum amounts required.
2. Get Your Advance
Receive up to 98% of invoice value within 24 hours.
3. Get the Balance
When your customer pays, receive the remaining balance minus our fee.
When to Use Invoice Factoring
Invoice factoring is ideal for businesses that need immediate cash flow but don't want to take on debt. Common use cases include:
- Cover payroll while waiting for customer payments
- Purchase inventory to fulfill large orders
- Take on new clients without cash flow concerns
- Expand your business operations
- Handle seasonal fluctuations
- Bridge gaps between projects
Is Your Business a Good Fit?
Invoice factoring works best for businesses that:
- Sell to other businesses (B2B)
- Have creditworthy customers
- Invoice at least $10,000/month
- Have 30-90 day payment terms
Invoice Factoring vs. Bank Loans
See how invoice factoring compares to traditional bank financing.
| Feature | Invoice Factoring | Bank Loan |
|---|---|---|
| Time to Funding | 24 hours | 30-90 days |
| Credit Requirements | Based on customer credit | Requires strong business credit |
| Collateral | Your invoices | Assets, personal guarantee |
| Monthly Payments | None - pay when invoice is paid | Fixed monthly payments |
| Debt on Balance Sheet | No | Yes |
Get Matched with Factoring Partners
Tell us about your business and we'll connect you with factoring companies that specialize in your industry.