Invoice Factoring is a type of financing for businesses, where outstanding invoices can be used to obtain immediate cash. It is basically an advance on revenue you have coming in later – perhaps in 2-3 months. For some industries, such as staffing agencies for example, invoice factoring is a regularly used technique to help better manage cash flow and business operations. Invoice Factoring may seem complicated at first, but here at Smarter Loans we’ve partnered with Canada’s top invoice factoring providers who’ve helped thousands of businesses just like yours. Take a look at the list below to compare your options.
When you are ready, click “Apply Now” to start a short online application with the selected company. You also have the option to Pre-Apply with Smarter Loans. We will review your information and look through our network of partners to find the most suitable and reputable invoice factoring provider for your business.
We can help connect you with the top invoice factoring providers in Canada.