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Secured

Invoice Financing

Invoice Loans

Eligibility

Annual Revenue:

  • Annual revenue ranging from $50,000 – $130,000

Time in Business:

  • 12 months or more in business

Other:

  • Non-Compliance with leverage and liquidity ratios as well as a loss history but profitable future
  • At least fair or better personal credit (usually credit score above 600)
  • No recent bankruptcies or tax liens
  • Company ownership (usually at 20% of the business)

Typical Range

Varies between $5K – $300,000K. Companies can expect to receive approximately 80%-90% of outstanding invoice amount

Features

Payment Schedule:

  • Only pay interest on what you draw. Term usually ranges from 6 months to 36 months

Timeliness to Fund:

  • Dependent on eligibility. Funding approved as quickly as 24 business hours

Origination & Interaction Model:

  • Apply online. 24/7 online chat and email support. Phone support available

Other Features:

  • Private confidentiality – customers are not aware that a company is using invoice financing