When you choose food and beverage invoice factoring with REV Capital, our commitment to swift processing means you’re paid as soon as possible after submitting your invoices!

The two types of invoice factoring are recourse factoring and non-recourse factoring. REV Capital provides recourse factoring, empowering our clients with a reliable solution where they maintain control and responsibility over their accounts receivable.Financing growth through invoice factoring provides quick access to working capital by converting your invoices (a.k.a. your accounts receivable) into cash. Getting paid immediately rather than in weeks or months means that you, as a business owner, can strike when the iron is hot and seize valuable opportunities to maximize growth potential.

Invoice factoring companies run credit checks on your business and your customers. They are much more concerned with the latter, as this is how they will evaluate the risk they are assuming in trying to collect invoices from them.While it varies by factoring company, the most important eligibility criteria is usually the creditworthiness of your customers. With the factoring company assuming the burden of collecting invoices, they want to feel confident your customers can and will pay them. Invoices that are clear and free of loopholes can also be business growth funding criteria.

It depends on the type of food and beverage industry financing agreement you signed with the factoring company. In a recourse factoring agreement, you must buy back any invoices that the factoring company is unable to collect payment on. In non-recourse factoring, the factoring company assumes the risk and will not seek repayment for the uncollectable invoices.