First Capital Program

Invoice Factoring

Turn unpaid B2B invoices into same-week working capital.

Factoring sells your outstanding invoices to a factor at a small discount. You get 80–95% of the invoice face value within 24–48 hours; when your customer pays, the reserve is released to you minus a factor fee. Underwriting is based primarily on the strength of your customers, not your credit — ideal for growing B2B, staffing, trucking, and government-contract businesses waiting on 30/60/90-day terms.

Program Highlights

Advance Rate

80% – 95% of Invoice

Factor Fee

1% – 5% / 30 Days

Funding Time

24 – 48 Hours

Facility Size

$25k – $10M+

Underwriting

Customer credit-based

Credit Minimum

No FICO floor

Best For

  • B2B businesses with net-30 / 60 / 90 terms
  • Trucking carriers waiting on broker settlements
  • Staffing agencies covering weekly payroll
  • Government or Fortune 500 contract vendors

Requirements

  • ·B2B or B2G invoicing (no direct-to-consumer)
  • ·Creditworthy commercial customers
  • ·Invoices free of liens or prior assignments
  • ·Business bank account for ACH funding

How It Works

01

Submit an application, AR aging report, and sample invoices.

02

Factor verifies your customers' credit and confirms invoice validity.

03

Approved facility is set; you upload invoices as they're generated.

04

80–95% of face value wired within 24–48 hours; reserve released on customer payment.

Fact-Backed Impact

Published research and industry data on how invoice factoring help U.S. businesses grow.

$4.03 Trillion

Global factoring and receivables finance volume in 2024 — one of the largest and oldest categories of commercial finance worldwide.

Source: FCI Annual Review, 2024

$150+ Billion

Estimated annual U.S. factoring volume, with trucking, staffing, and manufacturing driving the majority of receivables purchases.

Source: International Factoring Association (IFA)

76%

Of small businesses report cash flow problems tied to late customer payments — factoring converts those receivables into immediate working capital.

Source: Federal Reserve Small Business Credit Survey

Real Outcomes

Professional Services

Staffing agency

$500k factoring line covers weekly payroll while Fortune 500 clients pay on net-60 terms. Agency scaled headcount 3x in 14 months without touching a bank loan.

Trucking

Freight carrier

Factors broker invoices at 95% advance the day loads deliver. Same-day fuel money kept the fleet running while quarterly revenue grew 58%.

Composite outcomes based on client engagements; individual results vary.

Ready to move on Invoice Factoring?

One application, one desk. A funding advisor will review your file and return offers tailored to your business.