INVOICE
FACTORING.
Invoice factoring means a business sells its outstanding B2B invoices to a financing party and receives most of the invoice value up front — with the balance typically following once the customer pays. You're not waiting on your customer; the factor is.
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SELL THE INVOICE — GET PAID NOW.
In a typical factoring arrangement, the financing party (the factor) purchases your eligible invoices and advances a large portion of their value immediately. When your customer pays the invoice, the remaining balance — less the factor's fee — comes back to you.
The result: your business converts completed work into cash now, instead of acting as an interest-free lender to its own customers for 30–90 days.
SITUATIONS WHERE FACTORING COMES UP.
Payroll Between Payments
Meet paycheques while big invoices age.
Fuel & Operating Costs
Keep trucks and crews moving between collections.
Winning Bigger Contracts
Take on larger work without a cash ceiling.
Stocking Up
Buy inventory while receivables are tied up.
Growth Without New Debt
Fund growth from money already earned.
Slow-Paying Customers
Handle customers who pay reliably — but slowly.
FREIGHT FACTORING — BUILT FOR THE CAB.
Fuel
Fuel is bought days or weeks before the freight invoice pays.
Driver Payroll
Drivers get paid weekly; brokers and shippers don't.
Repairs & Maintenance
Trucks don't wait for collections to break down.
Insurance & Plates
Fixed costs that arrive on their own schedule.
Operating Expenses
The steady drumbeat of keeping a carrier running.
Load Timing
Cash available for the next load, not the last one.
FACTORING OR A TRADITIONAL LOAN?
Invoice Factoring
Selling invoices you've already earned — tied to the timing problem itself, not new debt.
Traditional Loan / Line of Credit
Borrowing that adds repayment obligations independent of your collections.
Business Line of CreditNot sure which structure fits?
Describe your customers and payment terms — the review helps determine which option may be relevant.
NOT SURE WHAT KIND OF FINANCING YOU NEED?
You don't need to know the exact financing product before you start. Tell us what your business is trying to accomplish.
QUESTIONS ABOUT INVOICE FACTORING.
GET PAID FOR WORK YOU'VE ALREADY DONE.
BizFin.ca — Finance your next move.
RELATED FINANCING SOLUTIONS.
Working Capital
Flexible capital for cash flow, payroll, suppliers, operating expenses and opportunities.
Learn moreRELATED BUSINESS NEEDS.
Accounts Receivable
Fund the wait while customers pay what they already owe.
Learn morePayroll
Meet paycheques on schedule while customer payments are still aging.
Learn moreNew Contract
Cover the upfront costs of work you've already won.
Learn moreCash Flow
Bridge the gap between expenses going out and revenue coming in.
Learn more