Invoice and receivables financing for daily business costs.
This funding uses bills your business customers have not paid yet. It gives you cash while you wait for payment. You do not have to wait 30, 60, or 90 days. We help you compare choices from our partners.
How invoice and receivables financing work
This can fit if you let your customers pay later. They must be businesses or government groups with a good record of paying. Many builders, staffing firms, truck firms, and service firms use it.
The setup depends on the partner and type of funding. With factoring, the partner collects payment from your customer. With an invoice-backed line of credit, you still collect payment. We help you compare both.
Common uses for invoice and receivables financing
How funding and payments work
- Structure
- Money up front based on unpaid customer bills Learn more about structure
- Repayment
- Paid back as your customers pay their bills Learn more about repayment
- Underwriting
- Focused on your customers' ability to pay Learn more about underwriting
- Variants
- Factoring or a line of credit backed by unpaid customer bills Learn more about variants
Things to think about
- — How much you can get depends on the quality of your unpaid customer bills. It also depends on how much of your sales comes from a few customers.
- — Some setups tell your customers about the funding. Others do not. This changes how your customers deal with the funding partner.
- — The total cost depends on the share of each bill paid to you up front, the fees, and how fast customers pay.
Grandview Capital Lending Inc is a business financing broker, not a direct lender. Funding is subject to approval and not all applicants will qualify. Terms, structures, and availability are determined by the funding partner.
Other funding options to compare
Term loans
Borrow a set amount and pay it back on a set schedule. Use it to grow, buy equipment, or combine higher-cost debts.
View term loans detailsBusiness lines of credit
Borrow money as needed, pay it back, and borrow again. Use it to pay staff, stock goods, or cover short-term cash gaps.
View business lines of credit detailsEquipment financing
Money to buy machinery, vehicles, or other equipment. The equipment usually backs the funding.
View equipment financing detailsAsk an advisor about invoice and receivables financing
We will review your needs and explain if this option fits. We can also help you compare other options. No obligation.