Invoice Factoring vs. Credit Cards: Which Is Right for Your Small Business?
Expert contributor: JC Mattos, FundThrough COO Quick Takeaways Invoice factoring and business credit cards both address short-term cash flow gaps, but they'r…
Read more →The FundThrough Platform
Intuitive platform pays outstanding invoices in days for flexible funding
Invoice funding (traditionally known as invoice factoring) isn't new. Many companies will pay your invoices ahead of net terms. However, the policies and manual processes of traditional invoice factoring result in a slow, expensive, rigid solution.
Tech-powered invoice funding solves the problems of traditional invoice factoring while making the benefits even better. FundThrough is built with artificial intelligence for a streamlined experience. Combined with our straightforward policies and our dedicated team, you get quick, easy, flexible invoice payments that let you get back to business.
A side-by-side look at how Velocity Invoice Factoring compares to traditional invoice factoring.
| FundThrough | Traditional Factoring | |
|---|---|---|
| Time to Get Funding | In days. | One week to one month. |
| Capital Available | Unlimited funding based on the size of your invoices. | Rigid funding limits based on your business. |
| Pricing | 100% of the invoice paid, minus a single fee. No hidden fees. | Hefty processing fees, late fees, and early termination fees. |
| Flexibility | Fund whatever invoice to whatever customer you want. | Required to fund all your invoices to all your customers. |
| Customer Support | Positive and responsive. | Limited support staff. |
| Technology | Streamlined, AI-powered processes. | Manual, slow processes. |
*Additional approval required. Linked QuickBooks Online or OpenInvoice account required. Unsubscribe anytime.
Three simple steps to get your invoices funded.
Upload invoices or connect to QuickBooks or OpenInvoice to pull them in automatically.
Choose any invoices you would like to fund.
Receive a deposit in your bank account in a matter of days, on approval.
Social Proof
Our team is here to help every step of the way.
FundThrough was easy to set up and once set up, funding is fast and easy. They are also very flexible. Highly recommend! Thank you!
Great service and the team behind it is even better! Always there to help.
FundThrough integrates with QuickBooks Online and OpenInvoice to save you time during setup. You can sync your Xero account to pull in eligible invoices after setup. If your software isn't supported, don't worry — you can create a free account and manually upload invoices onto the platform.
You can fund invoices of any size on FundThrough's platform. Invoices must be less than 90 days old to be eligible for funding. If you connect your QuickBooks or OpenInvoice account, FundThrough will automatically pull invoices that are eligible for funding onto your dashboard.
Innovation is one of our company values! FundThrough leverages technology to automate the manual processes that many traditional financial institutions still use today.
If you need alternative arrangements to pay an invoice, reach out to our client success team who will work closely with you to find a solution that fits your business.
No. Creating a FundThrough account and advancing invoices will not affect your credit score.
We are obligated to report any bad-faith borrowing or fraudulent activity to the appropriate credit bureau.
Yes. FundThrough uses secure, bank-grade, 256-bit encryption to protect your data. We never see or store third-party usernames or passwords.
Yes, opening and keeping a funding account doesn't cost a thing. We don't charge hidden fees and you're never obligated to advance invoices.
Please contact your account manager, and they will assist you in cancelling your account.
FundThrough was launched in 2014 and has since shot up to become a leader in the financial technology space, funding more than a billion dollars in invoices. Learn more about FundThrough.
FundThrough integrates with QuickBooks Online and OpenInvoice to save you time during setup. You can sync your Xero account to pull in eligible invoices after setup. If your software isn't supported, don't worry — you can create a free account and manually upload invoices onto the platform.
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