Invoice factoring turns your unpaid B2B invoices into instant cash. Most businesses qualify, including those with bad credit and those that have been turned down for bank loans. It also doesn’t create debt like most business funding solutions and provides funding quickly, so it’s ideal for many businesses and situations.
Whereas some factoring companies offer additional funding services, Accrue focuses exclusively on invoice factoring.
Most accounts are set up and ready to fund within five to ten days of applying. Invoice advances are typically funded within 24 hours of invoice submission. Accrue factoring offers competitive rates, with factoring fees typically between two and five percent of an invoice’s value.