Invoice Factoring
Turn Outstanding Invoices into Immediate Cash Flow
Waiting 30, 60, or even 90 days to get paid can put unnecessary pressure on your business. At Wiseside Financial, we help you explore Invoice Factoring through third-party factoring companies to unlock the cash tied up in unpaid customer invoices—so you can keep your operations moving without delay.
What is Invoice Factoring?
Invoice Factoring is a financing solution that allows businesses to sell their outstanding invoices to a third party (a factor) at a discount in exchange for immediate working capital. This is not a loan—it’s a way to get paid faster for the work you’ve already completed.
Instead of chasing payments, you focus on running your business while the factoring company handles collections.
Key Features
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Access to Capital: Funding timing is set by the factoring company and depends on your invoices
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No Debt Added: You’re selling receivables, not borrowing money
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Improved Cash Flow: Smooth out gaps between billing and payment
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Credit-Based on Customers: Approval is based on your clients’ creditworthiness
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Collections: The factoring company typically manages invoice collection
Who It’s For
Invoice Factoring is ideal for:
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B2B companies with slow-paying clients
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Staffing agencies
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Logistics and transportation companies
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Manufacturing and wholesale suppliers
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Service providers with extended payment terms
Our 3 Step Process
STEP 1
Apply
Fill out our Quick Apply application.
STEP 2
We review your application
We review your goals and present programs that may fit your needs. Timing and approval depend on the lender and your application.
STEP 3
Receive funding
If approved by the lender, choose the program that fits you best. Funding timing is set by the lender.