Invoice Factoring
Turn your receivables into working capital—today. Get immediate cash flow from outstanding invoices without waiting 30, 60, or 90 days.
What Is Factoring?
Cash flow shouldn't depend on your customers' payment terms
Invoice factoring allows you to sell your accounts receivable to Perennial at a discount in exchange for immediate cash. Instead of waiting weeks or months for your customers to pay, you receive funding within days—keeping your operations running smoothly.
Factoring is not a loan. There's no debt on your balance sheet, no monthly payments, and no compounding interest. You simply advance the cash you're already owed—faster.
Why factor with Perennial?
We offer a factoring experience built on speed, transparency, and a genuine understanding of trade-driven businesses.
Same-Week Funding
Once your account is set up, new invoices can be funded within 24–48 hours. No waiting for bank committees.
Up to 95% Advance
Receive up to 95% of your invoice value upfront. The remainder (less fees) is released when your customer pays.
Non-Recourse Options
Protect your business from customer default with non-recourse factoring—we take on the credit risk.
Scalable Facility
Your factoring line grows with your revenue. As you generate more invoices, your available funding increases automatically.
How factoring works
Deliver Your Product or Service
Complete your work and invoice your customer as usual. No changes to your existing billing process.
Submit the Invoice
Upload the invoice to Perennial. We verify the invoice details and your customer's creditworthiness.
Receive Immediate Funding
Within 24–48 hours, receive up to 95% of the invoice value directly into your bank account.
Customer Pays Normally
Your customer pays the invoice on their normal terms. We release the remaining balance, minus a small fee.
Factoring is ideal if you...
Sell B2B goods or services on net terms (net-30 to net-90)
Need faster cash flow to cover payroll, inventory, or operations
Have creditworthy commercial customers
Want funding that scales with your revenue growth
Prefer to avoid taking on traditional debt
Need flexible financing without personal guarantees
Ready to get started?
Speak with a member of our team to learn how Perennial can support your business with fast, flexible, and transparent financing.