What is invoice financing?
Invoice financing (factoring) advances a percentage of the face value of outstanding invoices. The balance, less fees, is released when the customer pays.
Who is it for?
B2B and B2G businesses with creditworthy customers and long payment terms—staffing, trucking, manufacturing, and professional services.
Benefits
- Underwriting weighted to customer credit
- Scales automatically with sales
- No new fixed debt payment
- Fast turnaround once set up
Typical uses
- Payroll for staffing firms
- Freight cash cycles
- Contract ramp-ups
- Government receivables
How BusinessFund.VIP helps
We match the file to facilities that fit the customer concentration, industry, and volume before the partner commits to a timeline.
BusinessFund.VIP is not a bank. Funding may be provided directly by BusinessFund.VIP where applicable or through participating funding providers depending on the financing program, underwriting, and eligibility. Approval, rates, terms, and funding decisions are subject to underwriting and applicable program requirements.