Ontario
Factoring Companies

Search Factoring Companies
BridgingFactor is a Toronto factoring company with expertise in invoice financing and lending that offers flexible factoring solutions.
2020 Winston Park Drive, Oakville, ON, Canada
416-644-6444
Express Business Funding is a Toronto, Canada factoring company that is a leader in non-notification factoring to Canadian companies.
1455 Lakeshore Road, Burlington, ON, Canada
416-887-7963
Accutrac Capital is a Toronto factoring company that specializes in freight and trucking factoring and has friendly customer service.
4711 Yonge Street, Toronto, ON, Canada
905-603-6284

Ontario Invoice Factoring

Ontario factoring companies help businesses improve cash flow.
Ontario factoring companies help businesses improve cash flow.

With bank financing difficult to obtain, small business are relying heavily on Ontario factoring companies for their cash flow needs. Ontario is the largest economy in Canada, with a GDP nearly twice that of Quebec, which is Canada's second largest economy. Located between Toronto and Waterloo is the world's second largest innovation center, second only to California's Silicon Valley. The area employs nearly 300,000 tech workers and represents over 60% of Canada's high tech industry.

Invoice factoring is an attractive financing option for small businesses in Ontario. Instead of waiting weeks or months for a bank loan approval, your business can get invoice factoring in a matter of days. Initial funding is usually available within 5 to 10 days. Factoring companies buy your invoices and send you payment within 24 to 48 hours. You no longer have to wait 30 to 90 days to collect receivables from your customers. Factoring companies also handle all your collections and receivables management.

Accounts receivable factoring benefits include

  • Quick and easy approval, often within a day or two.
  • Initial funding within 5 to 10 business days.
  • No hassle with debt or loan repayments.
  • Outsource your accounts receivable management.

Businesses looking for accounts receivable factoring should research Ontario factoring companies. Factoring Club is the best source of information to find the right factoring company.

Invoice Financing
Is Quick & Easy

1. Send your invoices to your factoring company.
2. Your factoring company buys your invoices and sends you 80% to 95% of the invoice amount within 24 to 48 hours.
3. Your factoring company collects the invoices from your customer and sends you the final payment.
Invoice financing is a quick and easy process.
Choosing a factoring company.

Choosing an Ontario
Factoring Company

Choose your factoring company by looking at factors such as industry, credit size, factoring rates, contract terms, location, and customer service.

Accounts Receivable Financing

Cash Flow Solution

Accounts receivable financing virtually eliminates your collection days and speeds up cash flow to operate your business.

Receivables Management

Your factoring company handles all the accounts receivable functions including collections, accounting and reporting.

Business Credit Services

Factoring companies analyze your customers' credit scores and monitor credit limits to protect you from bad debt losses.

No Loans or Debt

Accounts receivable financing doesn't involve risky loans or debt and doesn't require you to make loan repayments.

Quick and Easy

Invoice financing is available within 5 to 10 business days and doesn’t require historical financials or spotless credit.

Peace of Mind

Receivables factoring provides business stability and allows you to focus on operating your business rather than handling cash flow problems.

Guide to Factoring Receivables

Discover why invoice factoring can be better than bank financing, learn the receivables factoring process and factoring rate structures, know what to expect when applying for factoring services and much more.