Invoice Factoring Comparison
We've Helped Over 1 Million Business Owners Since 2009 
Lendio Review: Business Loan Marketplace  | Riviera Finance Review: Invoice Factoring For Small Businesses  | P2Binvestor Review  | |||
| | | | |||
| Customer Support | Excellent | Excellent | Excellent | ||
| Ease of Application | Excellent | Good | Good | ||
| Borrower Qualifications | |||||
|---|---|---|---|---|---|
| Required Time in Business | 9 months | N/A | 12 months | ||
| Required Credit Score | 550 | N/A | N/A | ||
| Required Business Revenue | N/A | N/A | $500K/year | ||
| Product Details | |||||
| Product Type | Business finance aggregator; offers invoice factoring/financing | Invoice factoring | Asset-backed Line of Credit | ||
| Credit Facility Size | Varies | $5K - $2M | $250K - $1M | ||
| Advance Rate | Varies | Up to 95% | N/A | ||
| Max Overdue Account | Varies | 60 days | N/A | ||
| Discount or Interest Rate | Varies | Starts at 2% | High teens | ||
| Additional Fees | Varies | Possible early termination fee | 1.5% origination fee; possible early termination fee | ||
| Contract Length | Varies | Usually 6 months | 1 year | ||
| Monthly Minimums/Maximums | Varies | None | N/A | ||
| Factor All Invoices? | Varies | No | N/A | ||
| Recourse or Non-recourse | Both | Non-recourse | N/A | ||
| Notification or Non-notification | Both | Notification | N/A | ||
| Apply Now | Visit Site | Visit Site | |||
