The process of factoring receivables is easy: • Request a quote and complete an application. • Get approved. • Send the receivables factoring company copies of your invoices for products or services provided. • The factor will deposit 70-95% of the invoice value into your bank account on file within 24-hours of invoice verification. • Your customers pay the factoring company directly • The factor deposits the remaining value of your invoices, minus their fees. You can factor your accounts receivable as often as you need, from a large batch of invoices once a month to several small batches throughout a given week.