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FAQ

What is invoice factoring?

Invoice factoring lets a business turn unpaid B2B invoices into working capital instead of waiting 30, 60, or 90 days for customers to pay. Faccorp advances a portion of the invoice value upfront and provides the remaining balance, less fees, once the invoice is paid.

What is asset-based lending (ABL)?

ABL is a revolving line of credit backed by what a business owns, starting with accounts receivable and extending to inventory and equipment. Unlike factoring, the business keeps its invoices and continues collecting from its own customers; available credit adjusts as the asset base grows or shrinks.

What is the difference between invoice factoring and asset-based lending?

The core difference is who collects the invoices. With factoring, Faccorp purchases the invoices and manages collection. With ABL, the business keeps its invoices and collects them directly, using receivables, inventory, and equipment as collateral for a credit line. Some companies start with factoring and move to ABL as they grow.

Can a startup qualify for factoring or asset-based lending?

Yes. Faccorp works with companies from the startup stage through established mid-sized businesses. Because factoring and ABL are underwritten mainly around the strength of a company’s customers and assets rather than the business’s own financial history, they can be a fit for younger companies that don’t yet qualify for traditional bank financing.

My bank declined my loan or reduced my line of credit. What are my options?

A bank decline usually reflects that bank’s specific underwriting rules, not the overall health of the business. Factoring and ABL are underwritten differently, largely around the strength of a company’s accounts receivable and other assets, which is why they often work for businesses that have outgrown a bank line or don’t fit neatly inside a traditional bank credit box.

What size facilities does Faccorp provide?

Faccorp provides invoice factoring and ABL facilities up to $5,000,000, sized to the business, from startup-level facilities to larger mid-sized company needs.

What industries does Faccorp work with?

Faccorp focuses on staffing, manufacturing, oil & gas services, wholesale & distribution, and professional & B2B services companies across the United States.

What industries does Faccorp not work with?

Faccorp does not provide factoring or ABL to companies in transportation, medical, or construction.

Does Faccorp offer non-recourse factoring?

Yes. Faccorp offers both recourse and non-recourse factoring and works with each client to determine which structure fits their business.

What is the difference between recourse and non-recourse factoring?

In recourse factoring, the business is responsible for repurchasing or repaying an invoice if the customer doesn’t pay. In non-recourse factoring, Faccorp assumes that credit risk for approved invoices, subject to the terms of the agreement. Which structure makes sense depends on a company’s customer base and risk tolerance.

Is factoring or ABL only for businesses in financial trouble?

No. Companies use factoring and ABL for many reasons, including funding growth, taking on larger contracts, smoothing out seasonal cash flow, or avoiding equity dilution while scaling. Many Faccorp clients are healthy, growing businesses that have simply outgrown what a traditional bank line can offer.

Does Faccorp only work with companies in Texas?

No. Faccorp works with B2B companies across the United States.

How is Faccorp different from a bank?

Faccorp focuses on the small and mid-sized companies that big banks often overlook, evaluating a company mainly on the strength of its receivables and other assets rather than requiring the multi-year track record and standardized criteria a bank typically needs.

Can a fast-growing, profitable company still use ABL or factoring?

Yes. Growth itself creates cash flow pressure, since payroll, materials, and overhead costs are due long before customers pay their invoices. Many Faccorp clients are healthy, profitable companies using ABL or factoring to fund growth they’d otherwise have to turn away, not to solve a financial problem.

What if my business has outgrown its bank line of credit?

It’s common for a bank line to stay fixed while a company’s receivables and funding needs keep growing. Because ABL availability scales with the value of a company’s assets rather than a set limit, it’s often the next step for a business that has outgrown what its bank can offer.

Can a startup with limited revenue history qualify for accounts receivable financing?

Yes. AR financing is underwritten primarily around the creditworthiness of a company’s customers and the quality of its invoices, not the company’s own track record, which makes it accessible to startups that wouldn’t yet qualify for a traditional bank loan.

What type of lender finances a $2 million accounts receivable line?

A $2 million AR line falls squarely in the range independent commercial finance companies like Faccorp are built for, sized well below what large banks typically prioritize but well above what most small local lenders can support.