Resources & Learning
Everything you need to know about invoice factoring and how FlexFund can help your business.
Interactive Tool
Calculate your potential funding amounts with invoice factoring
Percentage of invoice paid upfront
One-time fee charged by factor
Immediate Cash (Advance)
$9,700
Funded within 24 hours
Factoring Fee
$300
Reserve Released
$0
Total Net Proceeds
$9,700
Factoring Glossary
Advance Rate
The percentage of the invoice face value that is funded upfront, up to 97%.
Factor Fee
The cost charged by the factoring company, usually expressed as a percentage of the invoice.
Reserve
The portion of the invoice held back until the payor pays, minus the factoring fee.
Recourse Factoring
The client is responsible if the payor doesn't pay the invoice.
Non-Recourse Factoring
The factoring company assumes the risk of non-payment due to payor insolvency.
Days Sales Outstanding (DSO)
Average number of days it takes to collect payment after a sale.
Frequently Asked Questions
How long does it take to get approved?
Most applications are reviewed and approved within 24-48 hours. Once approved, you can start factoring invoices immediately.
Do I need perfect credit?
No. We focus more on your customers' creditworthiness than your own credit score, since they're the ones paying the invoices.
Will my customers know I'm factoring?
Typically yes, as payments are directed to us. However, we work professionally with your customers and present ourselves as your billing partner.
Can I factor invoices from any customer?
We approve invoices based on the payor's creditworthiness. Most B2B and B2G customers can be approved.
Educational Articles
Learn more about cash flow management and invoice factoring