Invoice Factoring
Sell unpaid invoices for cash today instead of waiting 30, 60, or 90 days — with no new debt on your books.
What it is
Invoice factoring turns your accounts receivable into immediate working capital. Instead of waiting out 30-, 60-, or 90-day net terms, you sell your outstanding B2B invoices to Lúmen and receive up to 90% of their value within about 24 hours. When your customer pays, you get the remaining balance minus a small factoring fee.
Because you're selling an asset you already own rather than borrowing, factoring adds no debt to your balance sheet and requires no fixed monthly payment. Approval hinges on the creditworthiness of your customers, not just your own — which makes it a strong fit for newer companies with solid clients but a short credit history.
Best for
- B2B companies that invoice on net-30/60/90 terms
- Businesses with strong customers but thin credit history
- Covering payroll and operating costs between invoice payments
- Funding that scales automatically as your sales grow
- Avoiding new debt while still freeing up cash
From application to funded
Submit invoices
Send us the outstanding B2B invoices you'd like to factor through a simple online upload.
Verify & advance
We verify the invoices and advance up to 90% of their value — typically within 24 hours.
Customer pays
Your customer pays the invoice on their normal terms, directly to a secure account.
Get the rest
We release the remaining balance to you, minus a small, transparent factoring fee.
The details, in plain numbers
What you'll need to qualify
- Active U.S.-based business bank account
- Three months of recent bank statements
- Basic business and ownership details
Benefits of Invoice Factoring
Cash in 24 hours
Convert receivables to working capital the next day instead of waiting out net terms.
No new debt
Factoring is a sale of an asset, so nothing lands on your balance sheet as a liability.
Scales with sales
The more you invoice, the more capital you can unlock — funding grows with you.
Customer-credit based
Approval leans on your clients' creditworthiness, ideal for newer businesses.
No fixed payments
There's no monthly loan payment — the invoice itself repays the advance.
Flexible & per-invoice
Factor a single invoice or many; there's no obligation to factor everything.
Industries we fund with Invoice Factoring: popular fits include Transportation & Trucking, Manufacturing, Construction. See all industries.
Common questions
Other products to consider
Ready to put Invoice Factoring to work?
Apply in about five minutes with no impact to your credit score to see what you qualify for. A funding advisor can have you funded fast.