Advertiser Disclosure
Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

Invoice Factoring Comparison

We've Helped Over 1 Million Business Owners Since 2009 Logos

Read Review Apply Now
Read Review Apply Now
Read Review Visit Site
Read Review Visit Site
Customer SupportExcellentExcellentExcellentExcellent
Ease of ApplicationExcellentExcellentGoodGood
Borrower Qualifications
Required Time in Business9 monthsN/AN/A12 months
Required Credit Score550N/AN/AN/A
Required Business RevenueN/A$50K/yearN/A$500K/year
Product Details
Product TypeBusiness finance aggregator; offers invoice factoring/financingInvoice financingInvoice factoringAsset-backed Line of Credit
Credit Facility SizeVariesUp to $100K$5K - $2M$250K - $1M
Advance RateVaries100%Up to 95%N/A
Max Overdue AccountVaries90 days60 daysN/A
Discount or Interest RateVaries$52 - $82 for every $1KStarts at 2%High teens
Additional FeesVariesNonePossible early termination fee1.5% origination fee; possible early termination fee
Contract LengthVariesN/AUsually 6 months1 year
Monthly Minimums/MaximumsVariesNoneNoneN/A
Factor All Invoices?VariesNoNoN/A
Recourse or Non-recourseBothN/ANon-recourseN/A
Notification or Non-notificationBothN/ANotificationN/A
Apply Now Apply Now Visit Site Visit Site
Share

We Want Your Feedback!

Help us to improve by providing some feedback on your experience today.

The vendors that appear on this list were chosen by subject matter experts on the basis of product quality, wide usage and availability, and positive reputation.

Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

Sign up for the Maverick Newsletter

  • Please select topics of interest

  • We occasionally send out emails with special offers.
  • Hidden
  • This field is for validation purposes and should be left unchanged.