What is Invoice Factoring?

Online invoice factoring with Thor Capital Group enables your business to quickly access working capital in exchange for your unpaid invoices. With invoice factoring, also known as accounts receivable financing, you sell us your outstanding invoices at a discounted price in exchange for the net amount in cash, typically, between 70-90% of the invoice’s value, up to $100,000 per common ownership. Once your client makes payment, we’ll send you the remainder of the invoice’s value (minus our fee).

Invoice factoring is not the same thing as invoice financing. With invoice financing, you (the business owner) are responsible for collecting payment. With accounts receiveable financing, your lender (that’s us) owns the invoice, and will get paid when the customer pays, typically between 30 and 90 days. We are not a collections agency—we know how important your customer relationships are, and you can trust us to collect on your invoice professionally.

Invoice Factoring by Thor Capital Group

Invoice Factoring is Ideal for:

  • Businesses with long accounts receivable periods
  • Businesses who need to fill in the gaps between sending invoices and receiving payment
  • Invoices valued at $15,000+ with extended credit terms, and which are not more than 90 days past due

Who Can Benefit from Invoice Factoring?

Online Invoice Factoring can help businesses in most industries, including:

  • cutlery-1

    Restaurant Industry

    Fast food, casual dining, fine dining, coffee shops, pubs, and more.

  • crane

    Construction Companies

    Contractors, electricians, plumbers, specialty tradespeople, & more.

  • healthcare

    Medical Practices

    Surgeons, psychiatrists, dermatologists, veterinarians, and all specialties.

  • shopping-cart


    Convenience stores, salons & spas, clothing stores, specialty stores, & more.

  • conveyor


    Metal manufacturing & machinery, food production, electronics, & more.

  • customer-service

    Business Services

    Advertising, maintenance, equipment rental, computer programming, & more.

No matter what industry you operate in, our expert Funding Advisors will work closely with you to select the best funding option to help you achieve your business’s goals without sacrificing cash flow.

How Invoice Factoring Works


You’ll need three months of business bank statements and other financial records. For faster approval, grant us secure access to your bank account’s transactional data.


A Funding Specialist will reach out to you within 1 hour (during regular business hours) to complete your application and discuss your business funding options.


Once you and your Funding Specialist determine what funding option works for your business, your funds can be approved and deposited within 24 hours.


We’ll collect on your invoice professionally without compromising your relationship with your customer. Then we’ll send you the remaining value (minus our fee).


Will Your Business Qualify?

We know that your business’s credit score doesn’t tell the whole story—that’s why approval for online invoice factoring from Thor Capital Group is based on more than just your credit score. We focus on the overall health of your business, including:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

Why Get Funded by Thor Capital Group?

We are not a collections agency—we know how valuable customer relationships are to small businesses. Your success is what matters to us most, and you can trust us to tactfully collect on your invoice without jeopardizing your customer relationships. Our streamlined application and fast approval process make it easy for you to get accounts receivable financing, and our knowledgeable Funding Specialists will be beside you every step of the way.

Invoice Factoring Q&A

Q: What type of business qualifies for an invoice factoring?

A: Any business that accepts credit and debit card payments may benefit from a merchant cash advance, regardless of industry. Our team of knowledgeable Funding Advisors will work with you to assess your eligibility.

Q: What is the interest rate on an invoice factoring?

A: A merchant cash advance does not have an interest rate because it is not technically a loan. An MCA is an advance against future sales. The cost of the advance is called a “factor rate”, and it varies based on each business.

Q: How do I qualify for an invoice factoring?

A: Every business is unique. It’s always best to speak with one of our Funding Advisors to review your circumstances and assess your eligibility. In general, we look for consistent revenue with minimum monthly receipts of $7,500 or more, and 6+ months in business. We know that credit scores don’t tell the whole story, so we also consider the overall growth potential of your business.

Why should I consider an invoice factoring?

A: Most traditional banks consider construction companies high-risk and will not fund them. As an alternative lender, we have different approval requirements, and can approve funding for “high risk” industries. We can provide you with the funds you need to cover project expenses, labor, materials and more, often in less than 24 hours.