Factoring is a widely known and accepted form of financing for business. Factoring releases cash from your receivables by discounting invoices and alleviating the pressure of waiting on customer payment. Typically, factoring invoices are typically used to pay suppliers, employees or support growth.

Republic will advance up to 90% on each receivable within 24 hours of invoicing. Republic will provide collection support in addition to funding so you can focus on your business. Once payment is received by your customer, Republic will forward the remaining un-advanced amount to your business.

Our Factoring facilities are designed for start up and high-growth businesses with an annual sales volume of $1 million to $50 million.