Finance Quick Application

How Long Has Your Business Been Incorporated?
$
$
$
$
$

To Ensure you've picked the right option between 'Invoice Financing' and 'Invoice Factoring' for your business, below are how each function. If you're sure about you're selection, simply click 'NEXT' below!

Invoice Financing

What is Invoice Financing?
You use your unpaid invoices as collateral to borrow funds while keeping full control of invoicing and collections.

Pros

  • You keep control of customer communication and collections

  • Flexible access to working capital

  • Customers never know you’re using financing

  • Typically less expensive than factoring

Cons

  • You’re responsible for collecting payments from customers

  • Approval may require stronger financials

  • You must repay the borrowed amount even if customers pay late

  • Usually requires at least $1 Million in Invoices to be financed

Invoice Factoring

What is Invoice Factoring?
You sell your invoices to a factoring company, receive an advance, and the factor handles collecting payment from your customers.

Pros

  • Fast access to cash

  • Factor handles collections for you

  • Easier qualification—works well for businesses with credit-worthy customers

  • Helpful if collections are time-consuming or inconsistent

Cons

  • Customers will know a factor is involved

  • Can be more expensive than financing

  • You give up control over customer collections

  • Not ideal if customer relationships are sensitive

SBA Application

Line of Credit Application

Equipment Finance Application

$

MCA Application

$

Invoice Financing Application

$
$

Invoice Factoring Application

$
$

Debt Relief

BadGreat