Invoice factoring
Invoice factoring sells your unpaid B2B or B2G invoices to a third-party funding company at a discount, giving you immediate cash flow instead of waiting 30, 60, or 90 days for customers to pay. The factoring company collects payment directly from your customer when the invoice matures. As a broker, Lakeridge Finance connects Benicia businesses with factoring partners whose terms, advance rates, and recourse structures match your industry and receivables profile. Funding often arrives within 24 to 72 hours after approval, making it one of the fastest commercial finance tools available.
Invoice factoring
Companies along First Street and the Benicia Industrial Park often carry receivables from government contracts, manufacturing orders, and wholesale distribution. Invoice factoring suits businesses that cannot afford to wait while inventory moves or project milestones get invoiced. A fabrication shop supplying the nearby Valero refinery, for example, might factor invoices to cover payroll and materials between large purchase orders. Flexible terms mean you can factor selectively, choosing which invoices to sell and which to collect yourself, preserving customer relationships while accelerating cash flow when you need it most.
Invoice factoring
Lakeridge Finance reviews your receivables, customer creditworthiness, and timeline, then presents factoring options from multiple funding sources. We compare advance percentages, reserve structures, and notification preferences so you understand every term before you commit. Our Benicia business financing hub explains how factoring integrates with other working-capital tools, and our main invoice factoring page details the application process. Because we are brokers, not lenders, we advocate for your speed and flexibility rather than a single product line. Visit us at 990-998 Broadway St, Vallejo, CA 94590 or call (707) 368-2601 to start the conversation.
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