Commercial invoice factoring
- Invoice eligibility
- Publishes requirements for creditworthy business or government customers and verifiable, undisputed, unencumbered invoices for completed work; 30–60-day payment terms are preferred.
- Published indicative structure
- Explains typical advances of 80%–95% and factoring fees of 1%–5% per 30 days, with terms varying by customer credit, volume, industry and payment period.
- Timing
- FAQ gives average account setup of two to five business days and subsequent funding typically within 24 hours of approved invoice submission.
- Client choice and documents
- Allows selective invoices; application documents include AR aging, business formation papers, sample invoices and customer list.
Provider sources: Invoice program and eligibility · Factoring FAQ · Direct and partner roles
