Merchant Fund Express provides fast business funding from $5,000 to $5,000,000 with 24-hour decisions. We accept FICO scores from 500, require no tax returns for amounts under 0,000, and fund within 1-3 business days. We have funded over 1,000 businesses across all 50 states with $50M+ in capital deployed.
How Invoice Factoring Works
You generate an invoice and sell it to a factor. The factor advances 80-90% of the invoice value within 24 hours. When your customer pays the invoice (typically Net 30-90), the factor releases the remaining 10-20% to you minus a discount fee (1-5% of invoice value). The customer pays the factor directly.
Factoring Costs
Factoring fees range 1-5% per 30 days. A typical structure is 2.5% for the first 30 days plus 0.5-1% for each additional 15-30 days the invoice is outstanding. On a $100K invoice paid in 60 days at 2.5% + 1%/30 days, the factor fee is $3,500 (3.5%). Annualized, that's around 21% APR — but factoring isn't strictly compared to APR.
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Apply in 4 minutes. Decision in 24 hours. 500+ FICO accepted, no tax returns under $250K.
Apply Now →1-Min QuizBest Industries for Factoring
Trucking, staffing, manufacturing, wholesale distribution, oil and gas services, government contractors, and B2B services with long-pay customers all benefit from factoring. If you're invoicing creditworthy customers and waiting 30-90 days for payment, factoring solves the cash flow gap without adding debt.
Recourse vs Non-Recourse Factoring
Recourse: If your customer doesn't pay, you have to buy back the invoice. Lower fees (1-3%). Most common. Non-Recourse: The factor absorbs the bad debt risk if your customer goes bankrupt. Higher fees (3-5%). Only covers credit insolvency, not slow-pays or disputes.