Manufacturing Factoring
Invoice Factoring for Manufacturing Companies
Turn your unpaid invoices into immediate cash so you can cover production costs and take on new contracts without waiting for customer payments.
Financing Designed for Manufacturing
Manufacturing companies often face significant upfront costs for materials, equipment, labor, and production while waiting for customers to pay. Quickpay Funding turns your outstanding invoices into immediate cash, helping you maintain steady cash flow, fulfill new orders, and keep production moving without taking on additional debt.
Immediate Cash Flow
Instead of waiting for your customers to pay, you’ll get paid the same-day you submit an invoice.
No Chasing Payments
We handle billing & collecting from your customers, so you can focus on core business operations.
Flexible Financing
Credit facilities that grow with your sales volume, providing funding without the rigid limits of traditional loans.
Drive Business Growth
Fulfill larger orders, accept new contracts, and expand production with consistent access to working capital.
Solve Manufacturing Cash Flow Challenges with Factoring
Get paid the same day you submit an invoice.
Cover raw material & operational costs with ease.
Take on bigger contracts with confidence.
Pursue new growth opportunities.
Scale your business without taking on debt.
What is Manufacturing Factoring?
Manufacturing factoring, also known as invoice factoring or accounts receivable factoring, is a financial service where a manufacturing company sells its unpaid invoices (accounts receivable) to a specialized commercial finance company (a factor) at a small discount in exchange for immediate cash.
How Manufacturing Factoring Works
Manufacturing factoring works the same way as standard invoice factoring, providing a straightforward way to unlock cash tied up in your unpaid invoices. Once you deliver your products or complete your services, submit the eligible invoice to Quickpay Funding. We advance the majority of the invoice value immediately, and your customer pays the invoice directly to us according to the agreed payment terms. Once payment is received, you receive the remaining balance, less the applicable factoring fee.
1
Complete the work
Complete the order or service as usual and generate an invoice.
2
Submit your invoices
Send a copy of the invoice to Quickpay Funding.
3
Get paid the same day
We send you a cash advance the same day.
Manufacturing Businesses We Serve
Quickpay Funding provides invoice factoring for manufacturers and manufacturing-related businesses across a wide range of industries, including:
- Metal Fabrication & Machine Shops
- Mechanical & Maintenance Services
- Industrial & Field Services
- Plastics & Rubber Manufacturing
- Packaging & Container Production
- Food & Beverage Processing
- Machinery & Equipment Manufacturing
- Automotive & Transportation Parts
- Building & Construction Materials
- Electrical Components
- Textile & Apparel Manufacturing
- Chemical & Industrial Products
Why Manufacturers Choose Quickpay Funding
Fast Approval & Easy Set-up
Industry Expertise
True 24/7 Factoring
Benefits of Factoring for Manufacturing Companies
For Manufacturing companies, factoring can be a valuable tool to improve cash flow, reduce risk, and grow your company without taking on additional debt. Quickpay Funding is proud to be one of the top choices for manufacturers in North America. Here are some of the key benefits of Manufacturing Factoring:
24/7 Same-Day Funding
We fund all of our clients’ invoices the same day they are submitted. This includes nights, weekends, and even bank holidays.
24/7 LIVE Support
The Quickpay team is available 24/7/365 to process fundings, provide back-office support, and answer your questions.
No Debt Incurred
Invoice factoring is not a loan, so it does not involve taking on additional debt. Instead, it converts existing accounts receivable into cash.
No Cutoff Times
There are no cutoff times when you fund with Real-Time Payments. When we say we’re open to fund our clients 24/7, we really mean it.
Financial Flexibility
Unlike other factors, we don’t charge minimums. This allows you to adjust your factoring activity during off-peak periods, ensuring a steady cash flow.
Online Management Tools
With the Quickpay Portal you can easily upload your invoices and manage your factoring account online.
Apply for Manufacturing Factoring Today!
Our application takes approximately 5 minutes to complete once registered.