Invoice factoring
You made the sale. Now get paid for it.
You sent a bill and your customer has up to 60 days to pay it. Spring gives you that money now, so you don't have to wait.
When businesses use it.
The work is finished. The payment is just delayed.
01The order already shipped.The work is done. Payment is still weeks out.
02The next run can't wait.Restocking shouldn't depend on last month's invoice clearing.
03Payroll lands Friday.Cover the week while your customers take their terms.
Wait 60 days, or get paid today.
You've already made the sale. Spring pays you now, and gets paid back later when your customer pays their bill.
1Target owes you $50,000, due in 60 days
Three simple steps.
Send us the bill you sent your customer, and the money comes to you. No paperwork pile, no waiting on a committee.
01
Bill 4821Total due$50,000
You send us the billSend us a bill your customer has not paid yet.
02
Deposit slip
Bill4821
Face value$50,000
Advance rate99%
Paid to you today$49,500
We pay you todayYou get up to 99% of it, usually the same day.
03
Receipt · Day 60Bill4821
Paid$50,000
Balance$0
Settled
Your customer pays usWhen they pay the bill, we're paid back. You're done.
Conceptual illustration of timing. Not a description of Spring's underwriting process.
Why Spring.
Get your money the same week you send the bill.
Every unpaid bill in one place.We track who owes you what.
Paid when you send a bill.Most bills pay out right away, up to $50,000.
Know where your money stands.What you're owed, what we've paid, what's still coming.
See what your invoices are worth.
For registered US businesses with revenue on the books.
2-minute application
One fixed fee
No obligation