Invoice Financing.
Turn outstanding B2B invoices into immediate working capital. Advance rates up to 90% with funding in as little as 24 hours. Recourse and non-recourse structures available.
Overview
Invoice Financing & Factoring, structured for institutional placement.
Invoice financing (also called factoring or receivables finance) advances cash against open invoices owed by your commercial customers. The lender collects from the end customer; you receive working capital today rather than waiting 30 – 90 days. Summit places facilities with traditional factors, asset-based lenders, and spot-factoring fintechs — including industries other factors avoid (staffing, trucking, government contracts).
Typical Terms
Qualification
Required Documentation
- 01Aging report (accounts receivable summary)
- 02Sample invoices and customer agreements
- 03Last 3 months of business bank statements
- 04Articles of incorporation and EIN documentation
Process
Complete a confidential intake. No credit pull, no obligation.
Our team reviews your profile against our active lender network and returns indicative terms.
Compare structured options. We negotiate pricing and terms on your behalf.
Documents signed electronically. Capital wired directly to your operating account.
Frequently Asked
Questions on invoice financing & factoring.
What's the difference between factoring and invoice financing?+
In factoring, the lender takes assignment of invoices and collects directly from your customers. In invoice financing (also called confidential factoring), you continue to collect and the lender stays behind the scenes.
What is recourse vs non-recourse?+
Recourse: you remain liable if a customer doesn't pay. Non-recourse: the lender absorbs credit losses on customer non-payment. Non-recourse pricing is higher and limited to credit-approved customers.
Will my customers know I'm factoring?+
In standard factoring, yes — invoices are payable to the factor. Confidential or non-notification programs are available for established companies at higher cost.
Can I factor a single invoice?+
Yes. Spot factoring lets you submit individual invoices on a transactional basis without a long-term commitment.
What industries are hardest to factor?+
Construction (lien risk), medical (insurance complexity), and consumer (B2C) are more difficult. Summit's network includes specialty factors for each of these verticals.
Next Step