Invoice factoring
- Funding basis
- Funding depends on approved invoices, not an unconditional unlimited credit commitment.
- Advance and reserve
- Pricing page advertises up to 100% of invoice value minus the fee, without waiting for a retained percentage. Confirm the actual advance and any reserve in your agreement.
- Published pricing
- 1.9% to 2.9% per 30 days for total outstanding invoices up to $999,999, subject to company and customer eligibility; custom pricing above $1 million. These are period fees, not APR.
- Late payment
- Provider FAQ says additional fees apply when an invoice is unpaid past its due date. Request the full late-payment schedule.
- Eligible receivables
- Completed work invoiced to creditworthy businesses or government customers, with an expected due date. Construction, real estate and unwillingness to remove conflicting receivables liens are excluded by the help pages.
- First funding
- QuickBooks help page requires at least $100,000 total invoice amount and at least $100,000 receivables to one customer for first funding. Confirm how these thresholds apply to your channel.
- Invoice exclusions
- QuickBooks help page excludes consumer invoices, overdue or already-paid invoices, terms beyond 90 days, purchase orders, field tickets and estimates.
- Recourse
- FundThrough explicitly describes recourse factoring: the business remains responsible for unpaid customer invoices and may need to replace them or settle the balance.
- Selection and commitments
- Selected customers and invoices can be funded. The provider describes flexible and committed options; committed agreements can have early termination fees. Confirm which option you receive.
- Customer contact
- FundThrough coordinates invoice verification and payment redirection with the customer. Ask who handles disputes and overdue collections.
Provider sources: Official pricing and advance details · Factoring eligibility · QuickBooks invoice eligibility and first funding · Recourse, customer contact and contract options FAQ · Service terms and funding entities
