Invoice Factoring Services
What is invoice factoring?
Invoice factoring is a powerful financial solution that allows businesses to convert their outstanding invoices into immediate cash. Rather than waiting 30, 60, or 90 days for customers to pay, factoring lets you access the value of your invoices right away, maintaining steady cash flow to support operations and growth.
The process is straightforward – you sell your accounts receivable to Soluco at a small discount, and we advance you up to 95% of the invoice value immediately. We then collect payment directly from your customers when the invoice comes due. This arrangement gives you reliable working capital without adding debt to your balance sheet or navigating complex loan applications, making it an ideal solution for businesses that need flexible funding to seize opportunities or manage seasonal demands.
Invoice factoring solutions in 3 easy steps
Our streamlined factoring process helps you unlock cash from your unpaid invoices quickly and efficiently, giving you the working capital you need to keep your business moving forward.
Step 1: Submit your invoices
Select the outstanding customer invoices you want to factor and submit them through our secure online portal, along with basic documentation showing proof of delivery or service completion.
Step 2: Get your advance
Receive up to 95% of your invoice value within 24 hours of approval, directly deposited into your business bank account – no more waiting months for customer payments.
Step 3: Begin growing
Focus on running and expanding your business while we handle the collections process. Once your customer pays the invoice, you receive the remaining balance minus our small factoring fee.
Benefits of invoice factoring services
Immediate working capital
Access up to 95% of your invoice value within 24 hours, eliminating the long wait for customer payments and keeping your cash flow healthy.
No new debt
Unlike traditional loans, invoice factoring is a purchase of your receivables, helping you maintain a clean balance sheet while accessing the funding you need.
Professional collections service
Our experienced team handles all payment collection activities professionally, maintaining positive relationships with your customers while you focus on growing your business.
Flexible funding growth
Your available funding grows naturally with your sales – as you generate more invoices, you can factor more, creating a scalable financing solution that supports your business expansion.
Apply now to learn more or get a payment scenario
Over 1000 business owners trust Soluco
Marc-Antoine’s leadership and listening skills have been invaluable to our project goals. With just one phone call, he was able to provide us with the guidance and direction we needed to reach our objectives.
His ability to listen and offer advice has been instrumental in helping us reach our goals. His insight has been a great asset and we have been able to move forward with confidence.
We have been fortunate to have Marc-Antoine’s guidance and support for the last 5 years, and we are looking forward to our continued success together.
Stéphane Boilard
I have been dealing with Marc-Antoine Boivin for almost 5 years and he has always been my go-to finance guy. He is highly knowledgeable and always provides impeccable service. He is creative when needed and always delivers above and beyond expectations. His turnkey service makes dealing with him an absolute pleasure and I highly recommend him.
Martin Lavergne
I had been looking to purchase a mini-excavator and was beyond impressed with the service I received from Marc-Antoine Boivin. He was able to approve my financing within 48 hours and even followed up with three additional machines. His service was always excellent, courteous and impeccable. I highly recommend him and would like to extend a big ‘bravo’ and thank you.
Benoit Lamirande
Invoice factoring FAQ
We factor invoices for completed deliveries and services only – this includes invoices up to 90 days old with proper documentation like purchase orders, delivery confirmations, or signed timesheets.
No – you can choose which invoices to factor based on your cash flow needs. This flexibility allows you to maintain control over your customer relationships while accessing funding when necessary. assistance to start-ups. We have dedicated financial partners for start-ups and we regularly provide financial support before business operations are launched.
Yes – factoring can work in conjunction with your current bank relationships. Whether you have an existing line of credit or other banking facilities, we can structure our factoring solution to complement your financial strategy.
The main requirements are your invoices and supporting documents that prove service completion or delivery. This typically includes contracts, purchase orders, delivery confirmations, or timesheets depending on your industry.
Once your account is set up, you can typically receive funding within 24 to 48 hours of submitting your invoices. Our streamlined process ensures quick access to working capital when you need it most.
Our other financing services
Equipment refinancing
Take advantage of our tailored equipment refinancing solutions to get the liquidity you need and finance the equipment you own. Our refinance product can give you liquidity up to 100% of the market value of your equipment, giving you the flexibility to leverage your assets for the capital you need.
Working capital loans
Working capital loans offer a fast, convenient way to access the funds your business needs, without the hassle of lengthy paperwork and the risk of traditional loans. What’s more, you can often renew before or at the end of the term, so you retain the capital you need to keep your business running smoothly.
Need more information about our services?
Our team is always available to answer any questions and provide you with the guidance you need. Contact us today and one of our experienced financing brokers will get back to you shortly.