To sweeten the deal, there are no long-term contracts since eCapital works on rolling month-to-month agreements with its clients.Īnd when the invoice comes due, the eCapital team collects payments for you and sends over your remaining balance on the invoice minus the 3.5% fixed fee owed per invoice. As such, it eliminates the high barriers to entry and helps provide cash flow relief to businesses of all sizes in as little as one business day. Whether you need help processing payroll, fulfilling a contract, purchasing inventory, or making big moves, joining eCapital’s client base is one of the easiest processes we’ve seen.Įntrepreneurs and small businesses typically have difficulty getting traditional loans, but eCapital offers specialized small business invoice factoring to help cover everyday and emergency cash flow problems. Since launching in 1994, eCapital has provided $22+ billion in funding to over 17,800 clients, making them an established powerhouse in the commercial finance space. Startups and small businesses can get up to $250,000 in just a few days to satisfy immediate cash flow needs, and larger businesses can get millions of dollars in the next 24 hours. If you issue invoices with up to 90-day payment terms, eCapital is our top pick for businesses of all sizes. #1 – eCapital - The Best Factoring Company for Most Even if you have outstanding invoices, it’s not worth paying the additional fees to access your money early if you can afford to wait for those payments to come through. However, it’s not a good solution if you don’t have cash flow issues or aren’t a B2B business. With most, you can choose if you want to factor a handful of invoices, all of them, or something in between, making it a great option to help keep cash flow positive. To sweeten the deal, most factoring companies are incredibly flexible. Invoice factoring is an excellent loan alternative that helps inject cash into your business so you don’t have to wait on outstanding invoices to pay your bills, run payroll, and buy more inventory.Īlthough it’s not really suitable for large, long-term investments or purchases, it’s a quick and easy way to get fast cash when you need it and resolve negative cash flow issues. If you’re a B2B business, you’re all too familiar with complex cash flow challenges, especially if you deliver services or goods and receive payment later. When it Makes Sense to Invest Into a Factoring Company RTS Financial - Best for industry-specific factoring. ![]() altLINE by The Southern Bank - Best for bank invoice factoring.Breakout Capital - Best invoice factoring for startups.Triumph - Best for staffing companies and government contractors. ![]()
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