Invoice factoring is a financing method offered by FundThrough that enables your business to get access to the full amount of your unpaid invoices within 24 hrs, instead of waiting for the payment terms of your customers.
When your business generates an invoice, the factor (FundThrough) purchases the right to collect payment on that invoice by agreeing to pay you the invoice's face value less a discount. FundThrough pays 100% of the invoice face value immediately, less our one time fee. Repayment aligns with when your customer pays.
Who is the ideal candidate for invoice factoring?
Businesses with strong customers
Businesses with invoices and cash flow needs exceeding their FundThrough express limit
Businesses with 30-90 day payment terms
What are the benefits of invoice factoring?
Access your funds within 24 hrs (like your FundThrough express limit)
Only pay fees when you factor an invoice (like your FundThrough express limit)
Fund amounts from $15,000 to millions of dollars
Repayment aligns with when your customer pays