Invoice Factoring Companies in the USA: Best Options & How to Choose

See the top invoice factoring companies in the USA and how to pick the best one for your business. Get working capital for your local business for growth, payroll, and more.

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What to Look for in USA Invoice Factoring Companies

If you’re looking for invoice factoring companies in the USA, the sheer number and choice can seem overwhelming. But, you need to find a way to narrow it down and make the best invoice factoring choice for your type of business. We’ve taken care of the legwork for you, giving you a list of criteria to evaluate every candidate on your list, so that you can make an even comparison based on what matters most. (And hopefully make the funding process as smooth as possible in the process!) We’ve used our many years of experience helping small and medium businesses like you quickly get working capital to put together this handy guide.

  • Location: Does the factoring company operate where your business is? Some factoring companies have many physical locations to do business in person. Then there are others that leverage the convenience of technology to get you quick access to cash flow from anywhere. This can be especially important if your business isn’t located in a major center. 

  • Speed: Can they actually pay your invoice quickly? There are hundreds of factoring companies all over the U.S., but how fast they can fund your invoices can vary greatly. Getting quick access to working capital is one of the most common reasons business choose invoice factoring as one of their top funding options. Some invoice factoring providers in the USA can take weeks to release payment, but the best ones get you upfront cash in a matter of days with quick approval. Our own internal data shows that invoice funding with FundThrough can cut wait times on invoice net terms up to 97%! 

  • Easy application: Is their account setup simple? Bank financing like a line of credit or a bank loan is a time-consuming process with hassle-filled paperwork. Getting financing to businesses should be simple — especially if you’re a new business that doesn’t qualify for traditional bank loans or other business financing options. FundThrough’s online application process takes just minutes thanks to AI, automation, and accounting integrations with QuickBooks and OpenInvoice.

  • Customer service: Will you get the attention you deserve? Not all invoice factoring companies in the USA will continue serving you the same way once they’ve won your business. Look for companies that provide you with the dedicated account management you deserve, and be sure to check out customer reviews before committing to a factoring agreement. (At FundThrough, we ensure a smooth experience from onboarding to ongoing funding with dedicated account management.) 

  • Level of commitment: Will you get locked into a long-term contract? With invoice factoring, you can choose when and how much you want to fund for a customized cash flow solution. At least, you should be able to. But some invoice financing companies will ask you to sign a contract that requires you to fund all your unpaid invoices with them. Or, they may ask you to fund a monthly minimum dollar amount. (With FundThrough there’s no minimum monthly requirements, and after your customer pays their invoice, there’s no more long-term commitment.)  

  • International funding: Can they fund invoices for your customers in Canada? Business continues to become more and more global. For some U.S. businesses (especially those close to the Canadian border) it’s important to ensure any factoring company you work with can fund unpaid invoices from your Canadian clients.

  • Partnership: Will they be dedicated to your success? When choosing among the many invoice financing companies in the U.S., it’s important to consider working with one that is interested in being a partner in your success. FundThrough believes that the best factoring experience is about more than just getting paid quickly—it’s about getting to know you and your business and how we can help. We’re also able to work with new businesses that might otherwise have trouble securing traditional financing due to length of time in business or a short credit history. 

  • Pricing transparency: Will you know exactly what you’ll pay for funding? A factoring company that is upfront and honest is the best sort of partner in your success. However, not all companies in the factoring industry are transparent with their invoice factor rates, or about the invoices they can and cannot fund. On top of that, if a factor fee looks too low, that’s because you’re likely to encounter hidden fees (such as application fees and cancellation fees) later on. At FundThrough, what you see is what you get. We don’t charge any hidden fees and we’re upfront about our competitive rates. For more information, see our pricing page for details on our factor fees for invoice factoring services.

Pros and Cons of the Top USA Factoring Companies

When it comes to evaluating factoring companies in the U.S., you should consider a company’s reputation, fee structure, credit requirements, and speed of funding. Here are 5 of the best factoring companies in the United States to consider for your business funding needs.


FundThrough is an AI-powered invoice funding platform that gives business owners flexible access to working capital on their terms. FundThrough offers factoring in the U.S. and Canada, with less hassle than a traditional bank loan or line of credit.

Funding Amounts

FundThrough’s Invoice Factoring solution provides unlimited funding.


  • Receive funding for outstanding invoices within days

  • 100% advance rates, minus a single fee. No hidden fees

  • Flexible access to a cash advance. Fund any eligible invoice to any approved customer anytime. No required funding minimums or need to fund all invoices from a customer.

  • Dedicated customer support team to help you through your first funding and beyond

  • AI, automation, and integrations with QuickBooks and OpenInvoice make getting funded easy


  • Technology requirements

  • Doesn’t work with construction or real estate

See if you qualify for FundThrough in minutes.

FundThrough Dashboard showing a list of invoices that are eligible for funding earlier than their due dates

Riviera Finance

Riviera Finance offers receivable financing and factoring to businesses across a variety of industries, with factoring agreements managed by local offices. Their working capital solution gives you funding to cover operating expenses based on qualifying invoices. They offer both non-recourse factoring and recourse factoring.

Funding Amounts

Riviera Finance has a credit facility size of $5K – $2M, and provides an advance rate of up to 95%. Their discount rate typically starts at 2%, and Riviera Finance charges an early termination fee.


  • Ideal for startups and small businesses with little credit history
  • No personal credit score requirements
  • Bankruptcy protection via non-recourse factoring


  • Limits on funding
  • Charges additional fees



A division of The Southern Bank Company, altLINE offers an invoice factoring option and financing for a variety of industries, though their focus is mainly on staffing and consulting.

Funding Amounts

Fees through altLINE start at 0.5%, and they’ll advance up to 90% of an invoice’s value. There is an initial filing fee of $350 – $500 + an origination fee of 0.25% – 2.5%. Funding credit limits are capped at $4,000,000 a month.


  • Lower fees than other factors
  • High monthly funding limits


  • Initial setup fees
  • Only 90% advance rate


Triumph Business Capital

Triumph Business Capital is an invoice factoring option in the United States that works solely with business in the trucking industry to simplify their financial situation. They work with freight businesses of various types, including owner-operators, fleet owners, and freight brokers on various types of financing including equipment financing and fuel discounts. 

Funding Amounts

According to their website, Triumph Business Capital’s pricing option for businesses range from “flat” fees, to rates which vary with monthly factoring volume, to rates which combine lower factoring fees with charges based on the net funds employed. They have a $100 setup fee.


  • Same-day funding
  • Fuel card program
  • Quick application process
  • 100% advance rates


  • No transparency regarding factoring fees
  • Must (generally) factor all invoices from a customer
  • Only work with freight companies in the freight industry



Payability is an invoice factoring option that offers what it calls “Instant Access” and “Instant Advance” for customers selling via Amazon’s Marketplace. The “Access” program provides daily payouts giving you flexibility to reinvest your money in opportunities as they arise. The “Advance” program provides additional capital up to $250k to grow your eCommerce business, which you repay via your Amazon sales.

Funding Amounts

The “Instant Access” program grows with your business, so the more sales you make the more cash on hand you’ll have. The “Instant Advance” program provides up to $250k. Instant Advance fees are typically between 0.5% and 1% per week. Instant access fees range from 0.5% to 2% on average.


  • Unlimited funding potential (based on sales)
  • Get started in minutes
  • No credit checks


  • Must have $10,000 per month in sales and 3 months selling history (Instant Access)
  • Must have at least $50,000/month in sales and 9 months selling history (Instant Advance)
  • Low advance rates


1st Commercial Credit

1st Commercial Credit offers factoring for businesses across North America. It offers supply chain financing solutions, including A/R financing, P/O financing, and trade payable financing.

Funding Amounts

1st Commercial Credit offers funding ranging from as little as $10,000 a month to $10 million in credit line facilities. Financing rates range from 0.69%-4%. Businesses can access up to $350,000 with no financials needed.


  • No setup fees
  • Customized factoring rates
  • Access to free invoicing software


  • Online portal slightly outdated
  • No dedicated account representative

We Serve Businesses in These USA Cities

We serve business across the entire country, but these are just a few of the U.S. cities you can fund invoices for your business in:

  • New York City

  • Los Angeles

  • Chicago

  • Houston

  • Phoenix

  • Philadelphia

  • San Antonio

  • San Diego

  • Dallas

  • San Jose, California

We also serve businesses across North America with our invoice factoring services. If you’re looking for financial services in a different or more specific location, see our pages on Texas invoice factoringinvoice factoring in Ontario, factoring companies in Georgia, and factoring companies in Canada.

Industries We Serve in the USA

Our flexible invoice funding solution is ideal for business who sell to other businesses in a variety of industries, including:

See our Industries page for a full list of B2B industries our invoice funding financial solution helps.

Get Convenient Working Capital. Get Invoices Paid in Days.

Invoice your customer. Get paid in days. Get back to business.

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Easy Access to Capital

Get funding anytime without bank hassles or limits by working with FundThrough. We offer unlimited funding, so the more you invoice, the more capital you can access. Take on growth projects, hire essential staff, and make payroll with peace of mind that you have the funding you need at your fingertips.

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Fast, Flexible Funding

Skip waiting on net payment terms and get paid quickly, with a secure source of flexible funding. No debt, dilution, hidden fees, or monthly minimums mean you’re in control of your capital, instead of waiting on slow-paying customers.

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Simple Funding Process

Integrations with QuickBooks and OpenInvoice combined with AI and automation make it easy to get funded and get back to business. Get a funding boost in one click (after customer setup).

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How Online Invoice Financing Works

Create or connect your account in minutes

Create a free account or connect your QuickBooks or OpenInvoice account, and provide information about your business.

Choose which invoices to fund

Submit eligible unpaid invoices to FundThrough. We provide unlimited funding for your business based on the size of your outstanding invoices. Simply select which eligible invoices you want to fund, and submit them in one click (after customer set up).

Advance invoices in days

Select eligible invoices to advance. Deposits are made within days and your customer sends invoice payments to FundThrough according to the agreed upon terms.

Get funded, then get back to business

Upon approval, funds are deposited into your business bank account as quickly as the next business day. Put your capital to work for growth projects, payroll, equipment, hires, and more.

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Get Your Business Funded

See if you qualify today. Stop waiting on customer payments. If approved, you can advance funds within days from our online platform.

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Invoice factoring services at FundThrough

On-demand working capital for growing businesses.

FundThrough offers businesses instant access to funds from unpaid invoices on an easy-to-use, online funding platform.


Wherever a business is in its growth cycle or just needs some extra capital, FundThrough can help bridge critical cash flow gaps with fast and easy invoice factoring services.

Explore invoice factoring resources

On the Intuit Quickbooks App Store:

"I am pleased to recommend FundThrough for early stage and established small business funding for the type of products and ease of doing business." ~James R.

"I've been looking for this tool for the past few years and stumbled on FundThrough during my participation at QuickBooks Connect. They have a great software." ~Xtiane

"I really like this company, they are 1st class! They have a very nice platform and are at the top of their game! They have fast approvals and will help you along the way..." ~Unified

On Google Reviews:

"FundThrough has been instrumental in helping my company meet its cash flow needs quickly, easily and for low cost." ~Mark B.

"We started using FundThrough in August of 2017. What impressed me the most has been the quick turnaround." ~Ahmed A.

"Overall I have been quite satisfied with FT. I signed up with them about eight months ago and have used the service once. I've also recommended it to other clients." ~Stephanie

Questions about invoice factoring?

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Is invoice factoring regulated in the US?

Because invoice factoring is a form of alternative financing, it has little to no governmental regulation. Instead, recognized organizations such as the International Factoring Association and the Commercial Finance Association exist as member-driven associations, providing best practices, training, and tools to their members. 

How much do invoice factoring companies charge?

Factoring costs depend on a company’s pricing structure and your invoice payment terms. Between 1% and 6% is a typical discount rate or factoring fee. Different factoring companies work on different fee structures, which is why it’s so important to compare terms and invoice factoring rates before signing a factoring agreement.

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