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Invoice factoring


As a small business owner you can turn your unpaid customer invoices into fast cash. How? The answer is invoice factoring. If your customers don't pay right away for good and services that you provide them you can make that invoices into fast cash. Instead of waiting 30, 60 or 90 days you can get a cash in advance. In other words you can use that "trapped" cash immediately for urgent business needs.

 What is Invoice Factoring?
Invoice factoring is a way to to improve your cash flow and reduce bad debt by selling invoices to a third party company. With invoice factoring you sell your accounts receivable to a factoring company in order to gain quicker access to funds. You sell your invoices at a discount in exchange for a lump sum of money. The factoring company takes responsibility for collecting on  the invoices, using the receivable as a collateral. You could use the capital to pay your day-to-day business expenses or take an unexpected business opportunity.

How Invoice Factoring works?

Usually there are three parties involved in an invoice factoring: the business that issued the invoice, the customer (account debtor) that owes payment on an invoice and a financing company (factor) that would offer an advance on the unpaid invoice. Invoice factoring also has three parts: the advance, the discount fee and the reserve. The advance is a lump sum paid to the business, usually 70 - 90% of invoice total. The discount fee is the amount that lender charges for taking the risk of debt. The reserve is the remaining percentage of invoice, when customer pays factor minus the discount fee.

Advantages of Invoice Factoring:

Invoice factoring is giving companies faster access to funds, without waiting for customers to pay. In that way businesses benefit through immediate cash flow boost. You can also save time because invoice factoring eliminates the need to process invoices; the factoring company will do that.  Because invoice factoring is a type of unsecured financing it doesn't require a collateral. It is especially beneficial to companies with financial challenges that don't qualify for traditional financing, approval rates are much higher compared to a bank. With Emry Capital you can get approval as fast as 24 hours. How?


Step 1:
Apply online
Apply in less than 10 minutes with basic details about your business and customers.
Step 2:
Get approved
Emry Capital will review your application and reach out with a decision in as fast as 24 hrs.
Step 3:
Submit an invoice
Automatically sync invoices from your accounting software or upload invoices to your dashboard.
Step 4:
Get your advance
We provide 85-90% of the money upfront. You get the rest, minus our fee, once the invoice is paid.

What you need to get going on your way
Minimum qualifications
  • 530+ FICO
  • 3+ months in business
  • $100,000 in annual revenue
  • Your business is in BBB
What you need to apply
  • Some information about your business
  • Basic details about your invoices
  • Bank connection or 3 months most recent bank statements


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Location: West Palm Beach, FL, USA

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