Invoice financing
Get up to 90% of your open invoices’ value as soon as the same day, and stop carrying your customers’ payment terms out of your own cash flow.
- No credit check on your customers
- Based on your invoices, not your credit score
- No hard credit pull
Simple, fast and clear.
- Up to 90%
- Of your invoices’ value
- 6+months
- In business
- Same day
- Decisions
- 24hours
- Fastest funding
How invoice financing works.
You invoice a customer on 30, 60 or 90-day terms. You receive up to 90% of the invoice now. When your customer pays, the advance and the fee are settled, and the rest of the invoice is yours.
The invoice is the collateral, so your customer’s record of paying on time counts as much as your own credit. You choose which invoices to finance, one at a time, with no long-term commitment.
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Financing or factoring. With invoice financing you keep collecting from your customers and settle the advance when they pay. With factoring, the company buys the invoice and your customer pays it directly.
What it costs. A fee for each week or month an invoice stays open, so a customer who pays sooner costs you less. Compare offers by the cost in dollars on one real invoice, paid at 30 days and at 60.
Which invoices qualify. Invoices to businesses or government agencies, for work that’s finished and delivered, that aren’t overdue or in dispute.
If a customer doesn’t pay. Most agreements are with recourse: you repay the advance yourself. Check which kind yours is.
Invoice financing at a glance.
- Per invoice
- Finance the invoices you choose, with no long-term commitment
- How much
- Up to 90% of the invoice’s value
- Speed
- Access to funds as soon as the same day
Compare your options.
See how Noya Funding stacks up against other financing sources.
| Traditional Bank | Other Online Lenders | ||
|---|---|---|---|
| Funding Speed | Same day to 48 hours | 30-90 days | 2-7 days |
| Funding Amount | Up to 90% of invoice value | $50K-$5M | $5K-$500K |
| Hard Credit Pull | Never | Always | Usually |
| Min. Annual Revenue | $150K+ | $250K+ | $100K-$250K |
| Min. Credit Score | Based on your customers | 680+ FICO | 550-600+ FICO |
| Collateral Required | Your invoices | Often | Sometimes |
| Time in Business | 6+ months | 2+ years | 1+ year |
| Dedicated Advisor | Always | Never | Sometimes |
| Documents Needed | 4 bank statements + invoices | Full financials + tax returns | Varies |
| Application Time | 5 minutes online | Days to weeks | 1-3 days |
| Apply NowApplying won’t affect your credit score. |
What small businesses use invoice financing for.
Payroll while invoices are open
Pay your staff on time while you wait for customers to pay.
Taking on the next job
Materials and labor for new work before the last job has paid.
Fuel and freight
Fuel and freight costs covered while shippers pay on 30 or 45-day terms.
Early-payment discounts
Pay suppliers early and take their discount for early payment.
A larger customer
Take on a large customer with long payment terms and keep your cash flow steady.
Growing sales
Cash to keep up when your billing grows faster than payments come in.
When invoice financing is the right choice.
Invoice financing fits any business that bills other businesses on terms rather than taking payment at the point of sale.
You’re lending to your customers without meaning to
Every invoice on 30 to 90-day terms is money your customers hold while you wait, and you carry it out of your own cash flow. Invoice financing gets you up to 90% of those open invoices’ value now.
Your costs are weekly but you collect monthly
Payroll, suppliers and running costs come due every week, while invoices take 45 days or more to pay. Invoice financing closes that gap without drawing on a business line of credit, and you settle each advance when your customer pays.
You’re growing faster than you collect
New contracts can come in faster than payments on the last ones. The more you invoice, the more you can advance, so the funding grows with your business instead of holding it back.
All you need to qualify.
We look at more than your credit score, including your customers’ record of paying, your revenue history and time in business. A business with strong cash flow may qualify even with imperfect credit.
- No credit check on your customers
- No hard credit pull
- No upfront fees
- 500+
- Credit score
- 6+months
- In business
- $150K+
- Yearly revenue
- 4months
- Of bank statements
Three steps to your funding.
- 1
Apply online
Fill in our short application in a few minutes. A few basics about your business and what you need, with no stack of paperwork to get started.
- 2
Get your options
Our team reviews your application and brings you the options that fit your business. We look at revenue, deposits and time in business, not only your credit score.
- 3
Receive your funds
Once you’re approved and the documents are signed, the funds can be in your business bank account in as little as 24 hours.
Frequently asked questions.
Is Noya Funding a lender?
Noya Funding is a business funding broker. We work with a wide network of lenders: our team reviews your application, matches you with the options that fit your business and stays with you through funding.
Does applying affect my credit score?
No. There’s no hard credit pull to apply, so applying won’t affect your credit score.
Is invoice financing the same as factoring?
Close, but not the same. With invoice financing you keep collecting from your customers. With factoring, the company buys the invoice and your customer pays it directly.
Will my customers know?
With invoice financing, no, because you keep collecting. With factoring they will, because they pay the factoring company.
What does invoice financing cost?
A fee for each week or month an invoice is open. Compare it, in dollars on one real invoice, with what waiting to be paid would cost you.
Which invoices qualify?
Invoices to businesses or government agencies, for finished work, that aren’t overdue or in dispute. Invoices to consumers usually don’t.
What if a customer pays late?
The fee runs until they pay. If they don’t pay at all, most agreements have you repay the advance yourself.
Which states do you work in?
Every state except Texas, Virginia, Connecticut and Missouri, where we can’t take requests yet.
Ready to get funded?
Apply online in minutes. No collateral, no hard credit pull and no obligation.