Best Accounts Receivable Factoring in North America

Accounts Receivable Factoring, also known as invoice factoring, allows businesses to convert unpaid customer invoices into immediate working capital. Instead of waiting 30, 60, or 90 days for customers to pay, companies can sell eligible invoices to a factoring company for an advance on their receivables. Factoring is commonly used by transportation companies, staffing firms, manufacturers, wholesalers, distributors, government contractors, and service businesses with slow-paying commercial customers.

Unlike a traditional business loan, factoring focuses primarily on the credit quality of your customers rather than solely on your company's balance sheet. Businesses often use factoring to improve cash flow, fund payroll, purchase inventory, fulfill new contracts, or support rapid growth without taking on additional conventional debt.

Best For

• Staffing companies

• Transportation & trucking

• Manufacturing

• Wholesale & distribution

• Government contractors

• Businesses with B2B invoices

Common Uses

• Payroll

• Inventory purchases

• Working capital

• Growth

• Bridge financing

• Supplier payments