Turn your receivables from your customer into a revolving line of credit.
Improve cash flow on demand with a credit line that your customer pays down for you—with no hidden fees and a lower cost than factors and most banks.
How it works
The Receivables Finance solution is convenient, easy, and fast.
You submit invoices to your customer and to C2FO
Eligible invoices are added to your available credit balance
Request an advance online and receive funds in 24 hours
Your customer remits payment to a lockbox, creating more availability
More than just money
Your customer pays down for you
Receive funds in as little as 24 hours
The entire process is 4 simple steps
No surprise fees or commitments
Draw only what you want, when needed
An always available revolving line of credit
How C2FO compares
|Approval||1-3 Days||1-3 Months||2-6 Months|
Frequently asked questions
Facilities generally range from $100k-$20mm – but larger credit limits are available.
You submit your eligible invoices through the C2FO online app. After we verify your invoices, credit is made available to you based on the invoice value and your advance rate. You can request any or all of your availability when you need it.
During the application process, we’ll agree to an advance rate, typically between 70% and 90%. Your availability is simply the value of your open, eligible invoices multiplied by advance rate, less your outstanding balance (any previous advances you’ve received).
The all-in cost averages 10-15% APR. Facilities can be priced above or below this range based on factors such as company size and strength, personal guaranty, industry, and risk.
No. We believe in transparency and all potential costs are clearly stated up front. The only additional charge for accounts in good standing is an optional wire fee (ACH transfers are free).