Oftentimes, it is not enough to have a successful business – due to the competitive nature of every industry; you’ll need a positive cash flow and working capital in order to continue evolving. However, if a part of success means you have plenty of customers, sometimes the money is out in the field when you need it the most.

This is where invoice factoring becomes important as a viable way to improve cash flow. The factoring company will send you an advance of between 80% and 90% of the value of your outstanding invoices at a nominal fee; the remaining percentage will be remitted after the 30-90 day collection period. Here are a few companies well-known for their efficacy.

RTS Financial

Although RTS Financial caters primarily to the trucking industry, they can factor for many other types of business. They specialize in bulk factoring, however – which means you’ll want your receipts to total at least $20,000 monthly to get the best bang for your buck. Their advance rate can be as high as 95%, and you can receive the money in less than a day.

Riviera Financing

Riviera Financing is proud to represent the financial services sector when it comes to factoring receivables; they don’t even have a cap for funding – within reason, of course. The advance rate can get up to 95%, and they are highly regarded for their quick turn-around time once you submit your application.


This is another company that releases funds within a day upon approval; the advance rate is quite respectable at 85% to 90%, with a minimum revenue requirement of $10,000 per month. The highest amount they send is $5 million – but your credit score can’t be any lower than 530 when you apply. Additionally, BlueVine offers a business line of credit.

To learn more about comprehensive factoring for your business, contact Capital Finance Partners today.