Call Now: (844) 501-8662

Invoice Factoring For Small Businesses

Improve your cash flow now by turning unpaid invoices today into capital you can use tomorrow.

How to Apply for Invoice Factoring

Step 1
Pre-Qualify Online

Click “Get Started” and enter some basic business information to pre-qualify.

Step 2
Approval in as little as 4 Hours

We’ll review your application in as little as one day and reach out to you with the best financing options, be it invoice factoring or another lending option.

Step 3
Receive Same-Day Funding

If approved, you can get the entire amount deposited directly into your account on the same day.

10 minutes
To pre-qualify for funding using our simple online application
30,000+
Businesses around the USA financed by Credibly
4.8
Rating on TrustPilot
$2B+
In funding provided by Credibly

Invoice Factoring Loan Advantages and Disadvantages

Is factoring right for your business? Factoring is ideal for businesses that regularly have outstanding invoices and experience cash flow issues as a result.

Pros
  • Invoice factoring provides a safe, immediate source of cash flow by releasing working capital that is tied up in unpaid invoices, without any hidden fees.
  • Having a lender collect invoices for you allows you to save time otherwise spent on administrative tasks and chasing late payments.
  • It can provide flexibility as amounts, and payment terms can expand and contract with your sales volume.
Cons
  • Invoice factoring companies will verify your invoices with clients to ensure that they’re accurate. Including a third party can affect customer relationships and also means that you will have to give up some control.
  • If your client has a weak payment history or credit score, your approval may be affected; factoring companies prefer to avoid the risk of non-payment.
  • Invoice factoring can reduce the scope of additional borrowing and the factoring fee is often higher than the fees associated with a longer-term loan.

Why Credibly for Invoice Factoring?

21st Century Financing For 21st Century Businesses

Work with Credibly and say “No” to reams of paperwork, weeks of waiting, and surprise fees.

We’ll give you upfront answers and upfront capital so you can get back to doing what you want to—growing your business.

We Like Supporting Small Businesses Like Yours 

With more than 30,000 businesses funded across the USA and a 4.8 TrustPilot rating, we put our money where our mouth is.

Our recent blogs