Invoice financing provides businesses with working capital to improve cash flow, pay employees and suppliers, and reinvest in operations and growth by providing short-term financing secured by outstanding invoices.
Invoice Financing Details
LOAN AMOUNTS
Up to 100% of invoice value
INTEREST RATES
15% – 35%+ effective APR
REPAYMENT TERMS
Up to 4 months
TURNAROUND TIME
As Little A 1 business days to weeks
Pros
- Low APRs available
- Predictable payments
- Can help build business credit
- Equipment serves as collateral
Cons
- Can require high down payment
- Requires strong credit for good terms
- Financed equipment can become outdated while payments continue
Get to Know Invoice Financing
