Frequently Asked Questions

What is invoice factoring?

Factoring is the process in which we buy your unpaid invoices, give you business cash today, and collect the money from your customer for you.

Is factoring a loan?

No. Factoring is a quick, debt-free way to turn your receivable into cash and get the money you worked for.

Can I still qualify for factoring if my credit rating isn’t that great?

Yes. We make decisions based on the quality of your business and the credit of your customers.

What are the benefits of factoring?

There are many benefits to getting your invoices factored:

  • Gives your business fast access to cash without debt 
  • No more waiting on your customers to make payments so you can make yours
  • Use factoring to increase profits or fund your businesses growth
  • Strong financials are not required to qualify for factoring, we look at your paying customers, not you.
  • Save time managing your invoices, we handle the paperwork, processing, and collection of payments

Do I qualify for factoring?

If your business sells products and services and has unpaid receivables from credit worthy customers, you may be eligible for invoice factoring. Contact us to see if you are eligible here.

What services do you offer?

  • Government Invoice Financing
  • B2B Wholesale Cannabis Factoring
  • Equipment Financing
  • Assisting in SR&ED
  • Click here to learn more about services.