Invoice Factoring

Get instant cash flow by selling your outstanding invoices through VOX Factor.

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Stop waiting 30-90 days for customer payments.

We buy your invoices today.

Amounts & terms

Funding up to $1.5M

Terms from 3-36 Months

Funding time

Approved invoices paid within 24-48 hours

Payment schedule

Daily or Weekly

Requirements

Time in business: 1+ year

Invoice-heavy business

$10k+ monthly revenue

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Stop waiting 30-90 days for customer payments

VOX value

Why businesses chose VOX Factor for invoice factoring services

Immediate cash flow

Get working capital now to invest in your business instead of waiting 30-90 days for customer payments.

Higher advances: 20% more than market rates

Receive up to 90% of invoice value vs. 70-80% market rates offered by competitors.

We take deals most factoring companies turn down

We specialize in smaller deals in the $40,000-$250,000 range other factors won’t handle.

Fast funding

Approved invoices paid within 24-48 hours. Simple application process.

For businesses managing B2B payments

Popular industries and use cases

Manufacturing and wholesale

Buy raw materials before your customer pays. Finance large purchase orders and scale after landing a big contract without disrupting operations.

Transportation and logistics

Get cash flow for immediate costs like fuel, payroll, and repairs instead of waiting 30-90 days for broker and shipper payments.

Construction

Buy materials and afford subcontractors before your general contractor pays.

IT services

Fund project-based work. Afford payroll for engineers, help desk staffing, cloud migration teams, software developers. and other contract employees.

Staffing and other professional services

Smoothen cash flow for contracts, payroll, and projects. Acts as a bridge loan for cash flow in between funding rounds.

Consumer Packaged Goods (CPG)

Fulfill large retail purchase orders, fund distribution orders, scale after landing a big customer, and bridge other cash flow gaps.

Pros and cons

Consider if invoice factoring is right for your business.

Pros:

Real-time cash flow: Get paid immediately on invoices instead of waiting for your clients’ payments.
Fast approvals: Access funds without long credit checks.
Avoid additional debt: Tap into working capital without taking on loans.
Supports business growth: Use funds for inventory, payroll, or expansion.
Save time and resources: The factoring company manages accounts receivables and collections.
Flexible financing: Scales with your sales volume, so you only pay factoring fees on invoices you factor.
Improved financial reporting: Provides clear, up-to-date records of your accounts receivable and advances which streamlines processes.

Cons:

Potentially higher fees: May cost more than bank loans or other traditional forms of financing.
Customer perception: Collections are handled externally by the factoring company which may make some customers wary.
Sales dependent: Cash available is tied to outstanding invoices.
Limited to invoiced sales: Only invoices used for goods and services can be financed; not eligible for cash sales or other non-invoiced revenue

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How invoice factoring works

Fast approvals to get money in just a few days.

Sign up

Fill out a quick form to join.

Start submitting

Send us your customer invoices instead of waiting for payments.

Get approved

It takes 24-48 hours

Get immediate funds

We purchase up to 90% of your invoice value vs. market rates of 70-80%.

FAQ

Can’t find the answer you’re looking for? Feel free to Contact Us.

Invoice factoring, also called factoring receivables is a type of revenue-based financing when you sell your unpaid invoices to a third party (factoring company). In return you receive a real-time cash advance on a percentage of the invoice.

The factoring company handles collecting payments from your customers, and pays you the remaining balance after your customers settle the invoice, minus the factoring fee. This allows your business to access working capital quickly without waiting for your customers’ payment terms.

“Factor rates” are traditionally used by financing companies as multipliers to determine the total repayment amount for a loan or advance. However, in the case of invoice factoring, “factor rates” refer to the fees charged by the factoring company to purchase a business’s unpaid invoices.

With invoice financing, you keep ownership of your invoices. Instead of selling them, you use the invoices as collateral to secure a loan. You receive a percentage of the invoice value upfront and repay the loan (with interest and fees) when your customers pay. Unlike factoring, you’re responsible for collecting payments, and any unpaid invoices remain your business’s responsibility.

Invoice factoring is a form of invoice purchasing where a company sells its outstanding, already-delivered invoices to a third party (a factor) for immediate cash.

While both terms are sometimes used interchangeably to describe selling receivables for quick working capital, “invoice purchasing” is a broader description of the act, whereas “factoring” often includes the factor managing the collections. Both are methods of improving cash flow for businesses

Purchase order (PO) financing and invoice factoring are both cash flow solutions, but they operate at different times in the sales cycle.

Purchase Order Financing

Provides funds to buyers and sellers so that suppliers can fulfill a purchase order. This helps cover the invoice amount for goods before the sale is completed.

Invoice Factoring

Converts completed, unpaid invoices into immediate cash, so you don’t have to wait for your customers’ payment terms.

The total financing cost for factoring is generally lower than PO financing, making it a potentially more affordable cash-flow solution for small businesses. Note that the financing cost can vary depending upon the main steps involved, the complexity of the transaction, and the risk associated.

Recourse factoring is a type of invoice factoring where your business remains responsible if a customer fails to pay an invoice. The factoring company advances you cash on your invoices, but if a customer doesn’t pay within the agreed terms, your business must buy back the unpaid invoice or replace it with another eligible invoice.

Recourse factoring often comes with lower factoring fees than non-recourse factoring and is best for businesses with reliable customers and strong credit practices. Helps provide real-time cash flow while still giving you control over invoice management.

Yes. All invoice factors require some type of UCC (Uniform Commercial Code) filing.

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