What is Invoice Factoring?
Invoice factoring is a unique form of financing where you sell a select number (or all) of your company’s outstanding invoices in exchange for immediate funds. From there, the factoring company collects payment in full directly from your customers, retaining a percentage as their fee.
What you need to get started
Some information about your business
Like most financial institutions, REV requires standard KYC (Know Your Client) documents such as Articles of Incorporation, Business Licenses, IDs, and Financial Statements.
Basic details about your invoices
In order to purchase an invoice, REV requires the same documentation that your client needs in order to pay. This usually includes the invoice, confirmation, and proof of service.
A signed application form
Filling out our application online is all that stands between you and cashflow freedom!
Get StartedWhat Are The Advantages of Invoice Factoring
Even if you’ve ignored the power of invoice factoring in the past, there are reasons to change your mind in the future. As you learn more about the advantages ...
Read More5 Ways Invoice Factoring Is Different Than A Loan
On the surface, invoice factoring and bank loans appear similar. They’re both excellent options for securing funds for your business. However, as you dig deeper, you’ll find that there is no shortage of differences ...
Read MoreWhy is Invoice Factoring Crucial to Growing a Business?
In simple terms, invoice factoring — also known as debt factoring and accounts receivable factoring — is a unique form of financing
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