Best Invoice Factoring Companies in the USA

Managing cash flow is key for any business, while it should be the great solution for the unpaid invoice of the companies. If your company is waiting on unpaid invoices, factoring lets you get cash fast instead of waiting weeks or months for customer payments.

Whether you run a small business or a larger company, picking the right factoring company is important. With so many options, it can be tough to know which one is best for you. So that we provided you the best list of the top invoices factoring companies in USA with the factor condering reliability, fees, customer service and funding speed. Check out our researched list on the to grow your business and make it financially strong.

What is Invoice Factoring Company

Invoice factoring provides instant cash by purchasing your unpaid invoices on discount and they will collect the unpaid invoices from you customers. Businesses sell their invoice to the factoring companies and they collect their pending amount from the customers and businesses get the cash at great discount. This simple solution helps businesses to maintain cash flow without taking Loans and debt or waiting weeks or months for payments.

How Does Invoice Factoring Work?

• A business sells its unpaid invoices to an invoice factoring company.
• The factoring company pays the business a large percentage of the invoice amount (usually 70-90%) upfront.
• The factoring company then collects the full payment from the customer.
• Once the customer pays, the factoring company gives the remaining balance to the business, minus a small fee.
• This process helps businesses get cash quickly instead of waiting for customers to pay.
• It’s a simple way to improve cash flow without taking a loan or adding debt.

Benefits of Invoice Factoring

• Get immediate funds without waiting for customer payments.
• It’s not a loan, so there’s no repayment or interest.
• Approval is based on customer credit, not business credit.
• Helps pay for payroll, inventory, and daily operations.
• Use the funds to expand and take on more projects.
• The factoring company handles invoice payments.
• Get cash based on sales, not fixed loan limits.

List of Invoice Factoring Companies in USA

Here are some Best Invoice Factoring Companies‘ names:

Lender Name	Funding Limits	Advance Rate	Time to Funding
altLINE	Up to $5,000,000	Up to 90%	Within 24 hrs
FundTrough	None	100%	Next Business day
Scale Funding	None	Up to 90%	On Save day
Riviera Finance	Up to $2,000,000	95%	Within 24 hrs
RTS Financial	None	97%	Within 24 hrs
eCapital	Up to $30,000,000	Up to 90%	On same day
Liquid Capital	Up to $10,000,000	Up to 80%	Within 24 hrs
Universal Funding Corporation	Up to $20,000,000	Up to 95%	Within 24 hrs
Porter Capital	Up to $15,000,000	70% to 90%	Quickly
Scale Funding	Up to $30,000,000	Up to 90%	Within 24 hrs

Top 10 Invoice Factoring Companies in USA

1. altLINE

altLINE provides quick funding for small businesses of USA, including startups and businesses with poor credit, by advancing up to 90% of unpaid invoices. With competitive rates starting at 0.8% and lower costs as a direct lender. While altLINE charge $150 to $500 origination fee with around 1% in advance.

Serving industries like manufacturing, trucking, wholesale, and staffing, altLINE offers quick approvals, get a free online quote with a response within 24 hours. Once approved, access funds immediately to maintain steady cash flow and keep operations running smoothly

2. FundTrough

FundThrough provides fast invoice funding through its digital platform, helping businesses access cash quicker. The service integrates with QuickBooks Online and other accounting systems for seamless invoice factoring, or accepts manual uploads for unsupported software.

Eligible businesses must have $100,000+ in invoices from one client. They offer 100% advances (less fees) with rates from 2.75% to 8.25% per 30 days. Registration is free, simply share your business information, connect your accounting software, and add your bank details. You’ll get funding offers within 24 hours with no commitment required.

3. Scale Funding

Scale Funding (previously TCI Business Capital) offers invoice factoring from  50,000 to 10 million, advancing up to 90% of invoice value. Choose flexible month to month terms with volume based fees or lock in lower rates with a 12 month contract.

The quick online application or phone call gets you a quote in 15 minutes and funding in 24 hours. They welcome startups and businesses with poor credit, serving a wide range of industries with fast, accessible financing solutions.

4. Riviera Finance

Riviera Finance offers non-recourse factoring, if your customer doesn’t pay, they absorb the loss, not you. With no long term contracts or monthly minimums, it’s ideal for flexible cash flow needs. Get up to 95% advance on 30 day invoices, with funds in 24 hours.

They hold a 5% fee deposit (partially refundable for quick payments). Simply apply online or by phone, they approve businesses of all sizes (including startups) in trucking, staffing, telecom, and other industries within 1 or 2 business days.

5. RTS Financial

RTS Financial specializes in invoice factoring, primarily serving trucking companies along with businesses in distribution, staffing, textiles, manufacturing, and oilfield services. Their online portal delivers funding within 24 hours of invoice submission, with no ACH or upload fees, plus exclusive discounts for veterans.

They offer a unique fuel and factoring combo service for streamlined operations. While advance rates and fees aren’t published online, their team provides personalized pricing when you contact them directly for details about their financial solutions.

6. eCapital

eCapital provides quick, adaptable invoice factoring solutions perfect for small businesses. Their user friendly platform lets you submit invoices and monitor finances with ease, often delivering same day funding. Businesses can access up to $30 million with 90% advance rates, whether they’re just starting out or well established.

Getting started is simple, complete their online form and expect a response within 24 hours. While they don’t publish rates publicly, their team will gladly discuss factoring fees when you reach out for personalized service.

7. Liquid Capital

Liquid Capital delivers fast invoice factoring with flexible terms to boost your cash flow. Enjoy same day approvals, no lengthy contracts, and competitive pricing. Get funds in 24 hours to handle urgent expenses without delay. They serve multiple industries with tailored financing solutions that help businesses maintain stability while pursuing growth opportunities.

8. Universal Funding Corporation

Universal Funding Corporation provides fast invoice factoring with advances up to 95% of your invoice value, often in just 24 hours. Their quick approvals and no monthly minimums help businesses maintain consistent cash flow without hassle. Specializing in transportation, staffing, and manufacturing industries, they deliver dependable financial solutions tailored to your needs.

9. Porter Capital

Porter Capital gives businesses quick access to cash by purchasing unpaid invoices. They offer generous advances, flexible terms without long contracts, and same day funding options. Serving multiple industries, they create custom financial solutions for each client. With an easy application process and personalized support, they’re a top choice for companies seeking dependable working capital.

10. Scale Funding

Scale Funding (previously TCI Business Capital) provides adaptable invoice factoring solutions, delivering up to 95% of invoice value within one business day. They cater specifically to trucking firms, staffing agencies, oilfield services and related industries. Featuring transparent pricing with no hidden charges and round the clock account management, they help companies maintain healthy cash flow and financial stability.

FAQs

Q1. Best Invoice Factoring Companies in the USA for Startups?

Ans: Top companies include altLINE, FundThrough, Scale Funding, Riviera Finance, RTS Financial, eCapital, Universal Funding, and Porter Capital. They offer fast approvals, high advance rates, and flexible terms for startups.

Q2. How Many Factoring Companies Are in the USA?

Ans: There are hundreds of factoring companies in the USA, serving businesses across different industries.

Q3. What Are Factoring Rates in the USA?

Ans: Factoring rates in the USA typically range from 1% to 5% per month, depending on the company, invoice volume, and customer creditworthiness.

Conclusion – Best Invoice Factoring Companies

Selecting the right invoice factoring company in the USA helps businesses, particularly startups, maintain consistent cash flow and expand without money worries. With numerous factoring options available, companies can secure quick, flexible financing.

Typical U.S. factoring rates run 1% to 5%, varying by invoice amounts and client creditworthiness. Whether you require immediate funding or maximum advances, picking the ideal factoring partner keeps your business financially secure and thriving.