Business Line of Credit
A business line of credit gives qualified businesses access to revolving capital that can be drawn as needed.
Best for: Businesses with variable cash flow or recurring short-term capital needs
Invoice Factoring
Get Paid Faster on Outstanding Invoices
Invoice factoring can help businesses improve cash flow by converting eligible unpaid invoices into immediate working capital.
Overview
Invoice factoring advances a portion of the value of eligible business-to-business invoices, with the remainder (less fees) released when the customer pays. Factoring is commonly used by businesses with longer customer payment cycles.
Typical amounts
Facilities commonly $50,000 to several million
Speed
Initial setup typically within 1–2 weeks; advances thereafter same/next day
Terms
Ongoing facility tied to invoice volume
Best For
B2B businesses with creditworthy customers and 30–90 day payment terms.
Common Use Cases
- Covering payroll during long payment cycles
- Funding new projects without waiting on receivables
- Smoothing cash flow
- Scaling without taking on traditional debt
Potential Benefits
- Cash flow tied to receivables, not credit alone
- Quick access once a facility is set up
- Scales with sales
Things to Consider
- Customer creditworthiness matters
- Factoring fees apply
- Notification or non-notification structures vary
How the Process Works
- 1Submit a secure application with basic business details
- 2American Financial Source reviews your profile and identifies eligible products
- 3Connect with a funding specialist to discuss the right structure
- 4Provide any final documentation and complete underwriting
- 5Funds are disbursed once the offer is accepted and finalized
Required Documents
- Business application
- A/R aging report
- Sample invoices
- Customer information
Frequently Asked Questions
Related Funding Options
Home Equity Line of Credit (HELOC)
A home equity line of credit lets qualified homeowners draw against available equity to fund business growth, renovations, or large expenses.
Best for: Homeowners and real estate investors with available equity who want flexible, lower-cost capital
Apply
Apply for Invoice Factoring
Skip the long forms. Open our secure DocuSign application and a funding specialist will follow up within one business day. No cost, no obligation, and inquiring does not affect your credit.
- Secure DocuSign envelope — confidential submission
- Most applications take less than 10 minutes
- Response from a specialist within one business day
Apply with DocuSignCall (516) 373-7622
Prefer to talk first? A specialist can walk through options before anything is submitted.
Ready to Find the Right Funding Option?
Start your application today and let American Financial Source help you explore funding options built around your business goals.