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 | |||||
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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 | ||
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