Invoice Factoring, sometimes referred to as invoice financing, is the process by which a business sells its expected paid invoices (accounts receivables) at a discounted rate in exchange for immediate funds. This process is ideal for businesses who opt to leverage their accounts receivables as a means to access immediate business funding should they not qualify for other funding options or immediately need quick cash. Businesses who qualify for invoice factoring can expect to be funded the same day in some cases. This product does not report on the personal credit file. Apply Now for an instant no credit check pre-qualification decision.