Invoice factoring in Prosper turns your unpaid invoices into cash now instead of waiting weeks for customers to pay.
Invoice factoring
Invoice factoring is a way to unlock cash tied up in receivables. You sell your unpaid invoices to a factoring company at a discount, receive most of the value quickly, and get the balance once your customer pays. It suits businesses that invoice other companies and wait 30, 60, or 90 days.
Prosper's commercial and trade firms often carry that wait. A commercial landscaping company that maintains HOA common areas around Windsong Ranch and Star Trail bills on net terms while its crews get paid weekly. A supplier or subcontractor working the new construction along Frontier Parkway may finish a job long before the general contractor cuts the check. Factoring bridges that gap so growth does not choke on slow-paying clients.
As a broker, we match your receivables and customer base to factoring partners whose terms and industries fit. We explain the advance, the reserve, and how collections work so there are no surprises. Because factoring hinges on your customers' credit as much as yours, we help present the file in the strongest light.
Consider a Prosper freight or delivery operator hauling for regional shippers. Fuel, drivers, and maintenance come due now, but broker payments lag. By factoring those load invoices, the owner keeps trucks rolling without waiting on the receivable. We would connect that operator to a factor experienced with transportation accounts.
Learn more on the Prosper business loan hub, the main invoice factoring page, or the McKinney business loan hub.
Common questions
Talk to a local advisor and get matched to the right program, no obligation.
