Need cash flow while waiting on customer payments? Invoice factoring in Rodeo lets your business sell outstanding invoices to a third-party factor at a discount, unlocking working capital immediately instead of waiting 30, 60, or 90 days for customers to pay.
Invoice factoring
Invoice factoring converts your accounts receivable into immediate cash. A factoring company purchases your unpaid invoices, advances you a percentage of their face value (typically 70 to 90 percent), then collects payment directly from your customer. Once the invoice is paid in full, you receive the remaining balance minus the factor's fee.
Because the advance is tied to your customers' creditworthiness rather than your own credit score, factoring can be faster and more flexible than traditional working capital loans. The underwriter evaluates your invoice aging report, customer payment history, and contract terms to determine eligibility.
Invoice factoring
Rodeo sits along Interstate 80 near the Crockett-Rodeo industrial corridor, home to distributors, logistics companies, and service contractors who invoice large commercial clients on net-30 or net-60 terms. When a shipment leaves your warehouse on Parker Avenue or a crew finishes a project at the Rodeo Refinery, you shouldn't have to wait months to cover payroll, fuel, or material costs.
Invoice factoring keeps your operations moving by turning invoices into operating cash the same week. Dawn Funding Group reviews your receivables, matches you with a factor that understands your industry, and walks you through the documentation so the underwriter sees a clean, approvable file.
Imagine a freight broker based near the Rodeo Marina invoices a national retailer for a cross-country haul. The retailer pays on net-60 terms, but the broker needs to pay drivers and lease fees this week. By factoring that invoice, the broker receives an advance within days, covers immediate expenses, and keeps trucks rolling without waiting two months for payment.
As a broker, we do not fund invoices ourselves. Instead, we connect you to reputable factoring companies, explain what documentation they require (aging reports, proof of delivery, customer contracts), and help you present a file that highlights strong payment history and creditworthy customers. Our focus is documentation made simple, so the underwriter can approve your advance quickly.
Visit our Rodeo business-funding hub or call (510) 751-0901 to discuss your receivables. Our office is at 1734 Solano Ave, Berkeley, CA 94707, and we serve the entire Richmond region.
Common questions
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