Invoice factoring
- Structure
- Purchase of outstanding customer invoices, with eCapital handling collections.
- Advance
- Up to 100% depending on agreed terms. Customer credit review determines the advance and fee structure.
- Pricing
- The product FAQ describes fees of 1% to 5% or more. It does not establish a universal billing period or APR; obtain the quote and fee-accrual schedule.
- Reserve settlement
- After customer payment, fees are deducted and the remaining balance is sent to the business. Confirm holdbacks, offsets and release timing.
- Customer notification
- Customers are typically directed to pay eCapital; arrangements depend on the agreement.
- Timing
- FAQ describes funding usually within 24 to 48 hours after approval, subject to verification.
- Credit-loss terms
- Confirm whether the particular commercial factoring agreement is recourse or non-recourse and which events create repurchase obligations.
Provider sources: Invoice purchase, fees and collections · Group privacy and affiliate disclosure
