Almost any valid, creditworthy invoice for goods already delivered or services already performed by any reputable, legitimate business in the USA and Canada.
Factoring can be beneficial to any company with a cash flow problem, regardless of the industry.
Companies in the service industry, for example, seem to more often have cash flow problems. These companies usually have weekly payrolls, and many of their best customers often pay monthly. This category includes a variety of companies, such as temporary employment agencies, security guard services, nursing registries, and janitorial or grounds maintenance services. Yes, because the primary concern in factoring is the creditworthiness of the customer, not the vendor. Even firms going through Chapter 11 bankruptcy can often make use of factoring to get the company back on its financial feet.