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.