About invoice factoring
Turn unpaid invoices into immediate cash — also called invoice financing or accounts receivable financing — by advancing on your accounts receivable.
In Vancouver
Trade gateway to the Pacific, with strong tech, film, tourism, and import/export activity. It sits within British Columbia, one of the regions we serve.
Why this fit works
Vancouver sits at the crossroads of Pacific trade, and its best factoring candidates reflect that. Freight forwarders and logistics firms clearing goods through Canada's largest port, wholesalers and food and seafood exporters shipping to the US and Asia, staffing agencies, and the deep roster of film- and production-services suppliers that invoice studios on net terms all share the same problem: cash tied up in receivables while payroll, rent, and the next job demand money now.
Invoice factoring advances a large share of each approved invoice — commonly 80–90% — as soon as you raise it, then releases the balance, less a fee, once your customer pays. For Vancouver exporters that takes the sting out of 30-, 60-, or 90-day cross-border terms, and because many of those invoices are billed in US dollars, factoring pairs naturally with FX planning to protect the converted value. In one of the most expensive cities in Canada to operate, turning a slow-paying invoice into same-week working capital is often the difference between taking the next contract and passing on it.
Crucially, factoring leans on your customers' creditworthiness more than your own balance sheet, so it suits fast-growing Vancouver B2B businesses whose sales are strong but whose cash is trapped in accounts receivable. Invoices to established, creditworthy customers, aged under about 90 days, are the strongest candidates.
Common questions
What kinds of Vancouver businesses use invoice factoring?
Commonly freight and logistics firms, wholesalers and exporters, staffing agencies, and film- and production-services suppliers — any Vancouver B2B business that invoices creditworthy customers on terms and needs the cash before those invoices are paid.
Can I factor invoices billed in US dollars?
Often yes — cross-border USD invoices to creditworthy customers are common in Vancouver's trade economy and are frequently factorable. Because the amount you ultimately receive depends on the exchange rate, some exporters pair factoring with FX planning to protect the converted value.
How much of each invoice do I get up front?
Typically a large share — often 80–90% — is advanced as soon as the invoice is raised, with the remainder released (less the factoring fee) once your customer pays. Exact advance rates and fees are set by the funding partner.
Educational information only — not an eligibility decision. All funding decisions are made by the lending partner.