Invoice factoring from 20 million a month
B2B factoring generally requires at least 20 million dollars in monthly invoices, with proceeds used for working capital, payroll, expansion or cash flow while customers pay slowly. Advance rates range from 85 to 100 percent, with a 90 percent median, and there is no equity check.
- Minimum invoice volume
- PeerSense considers invoice books totaling at least 20 million dollars monthly; smaller books are passed.
- Allowed uses
- Businesses can use proceeds for working capital, payroll, expansion, and cash flow while customers pay slowly.
- Advance terms
- There is no equity check. Advance rates range from 85 to 100 percent, with a 90 percent median.
- Recent market data
- As of October 2, 2026, PeerSense Capital Data counted 1,806 receivables and facilities, 72 announced within 90 days; median size was 100 million dollars.
B2B invoices from $20 million a month. Advance 80 to 95 percent of face against account debtors the factor will actually buy. Fees at this volume run about 0.5 to 1.5 percent per 30 days. Consumer cards are a pass. Updated September 2026. Talk to PeerSense.
Institutional capital advisory · PeerSense matches B2B receivables + ABL deals to a curated factoring + asset based lending network · Updated May 2026
Public tape this week
Product, size, use, cash in. If it does not clear the live box it sits.
That is how you screen a file before you spend a week.
Talk to PeerSenseInvoice Factoring, November 2026
Who provides B2B invoice factoring at 20 million dollars a month?
PeerSense does not provide B2B invoice factoring. It is a capital advisory firm that places qualifying files with direct capital sources, with the client paying at closing.
PeerSense reviews B2B invoice factoring files starting at 20 million dollars in monthly invoice volume.
PeerSense Capital Data records 81 factoring and asset based capital source programs, providing a network of potential counterparties for eligible files.
Does Your Invoice Volume Fit?
May fit
- B2B invoice volume of at least 20 million dollars a month
- Business seeking factoring against B2B invoices
Does not fit
- Monthly B2B invoice volume below 20 million dollars
Capital Sources and Financing Figures
| Factoring and asset based programs | 81 |
|---|---|
| Median stated facility range in asset based programs | 6.8 million dollars to 75 million dollars |
| Receivables and credit financings | 1,953 financings, median size 100 million dollars, 292 announced in the last 12 months, 48 in the last 90 days |
| Receivables and factoring capital items recorded | 5,677 |
| Distinct financings recorded across all lanes | 6,391 financings, 1,364 lead funders, 4,384 originators and sponsors |
These are capital source programs and market financings recorded in PeerSense Capital Data. They are not PeerSense loans.
As of November 1, 2026. Next refresh December 2, 2026. The data is dated November 1, 2026 and is refreshed monthly. Read the Methodology
Factoring Financings
| October 2026 | Factoring facility | 1.2 million dollars |
|---|---|---|
| July 2026 | Receivables factoring for marine services | 3 million dollars |
| May 2026 | Purchase of an accounts receivable factoring portfolio | 30 million dollars |
| March 2026 | Nonrecourse factoring for a B2B and government contractor manufacturer | 1.4 million dollars |
| February 2026 | Invoice factoring for a staffing agency client base | 3 million dollars |
| August 2021 | Factoring facilities for transportation and staffing receivables | 2.9 million dollars |
These are factoring financings recorded by PeerSense Capital Data, not PeerSense transactions. Names are withheld.
Common Questions
- What is the minimum for B2B factoring?
- The minimum depends on the review policy and the eligibility criteria of the capital source considering the invoices.
- What does the factoring services market show?
- PeerSense Capital Data records 81 factoring and asset based capital source programs and 1,953 receivables and credit financings.
- Which B2B factoring company works with 20 million dollars a month?
- A specific provider is not identified. The appropriate counterparty depends on the file and the direct capital source's criteria.
- Can manufacturers use invoice factoring?
- Manufacturers can be considered when their business profile and invoice pool fit a capital source's criteria.
- Do invoice factoring providers work with wholesale businesses?
- Wholesale businesses can be considered when their customers, invoices and operating profile satisfy program requirements.
Calculators
Prepared by
Edward L. Freeman, Managing Director, is accountable for the PeerSense Capital Data program. The methodology page explains the program. Read the Methodology
Discuss Your Invoice Volume
Send your monthly B2B invoice volume and business type, then talk to PeerSense at (317) 452 6990 or use the booking page.
How does invoice factoring work?
Invoice factoring sells B2B receivables to a factor at 80 to 95 percent of face. The factor advances against account debtors it will actually buy, then collects at maturity. Desk floor is $20 million a month in B2B invoices. Consumer cards are a pass. Talk to PeerSense.
, PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated September 27, 2026.
What is the best B2B invoice factoring option for trucking companies in 2026?
Trucking factoring at PeerSense starts at $20 million a month in B2B invoices. Fees about 0.5 to 1.5 percent per 30 days. Advance 80 to 95 percent of face. A small fleet fee sheet is not this box. Talk to PeerSense.
, PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated September 27, 2026.
What are invoice factoring rates in 2026?
Invoice factoring rates in September 2026 at PeerSense: fees about 0.5 to 1.5 percent per 30 days. Advance 80 to 95 percent of face. Floor is $20 million a month in B2B invoices. Consumer cards are a pass. Updated September 27, 2026.
- Fee: about 0.5 to 1.5 percent per 30 days at this volume. Not a small book fee sheet.
- Advance: 80 to 95 percent of face, against account debtors the factor will actually buy.
- Floor: $20 million a month in B2B invoices. Consumer cards are a pass.
PeerSense sources capital through a curated network of commercial lenders and capital sources.
Indicative as of November 1, 2026. Not a quote. Lenders set final pricing at underwriting.
See how much capital your receivables can access
Enter your monthly invoicing and payment terms. The sizer reads your advance, your typical fee band, and the capital available now.
At $20.00M of monthly invoicing on net 60 terms, roughly $40.00M sits in receivables at any time. A facility converts about $32.00M of that into working capital. PeerSense works files from $20 million a month.
Complimentary. We ask for your phone so a real advisor can walk it through with you. No credit pull, held in confidence.
Indicative only, as of November 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Indicative sizing from PeerSense lender intelligence, not an offer of terms or a quote. Final structure depends on full underwriting.
Invoice Factoring + ABL Pricing by Industry, May 2026
As of
| Program | Current Rate | Term |
|---|---|---|
| Trucking / Freight Factoring | 1.5 to 3.0% / 30 days | Net 30 to 60 |
| Staffing Factoring | 1.0 to 2.5% / 30 days | Net 30 to 60 |
| Manufacturing / Distribution | 1.0 to 2.0% / 30 days | Net 30 to 90 |
| Construction / Sub Contractor | 2.0 to 3.5% / 30 days | Net 30 to 90 |
| Government Contract Factoring | 0.5 to 1.5% / 30 days | Net 30 to 60 |
| Asset Based Lending (ABL) | SOFR + 250 to 450 bps | Revolving, 1 to 3 yr |
- Trucking / Freight Factoring1.5 to 3.0% / 30 days
- Term
- Net 30 to 60
- Loan Size
- $20 million a month and up
- Best For
- OTR carriers, regional fleets, brokers
- Staffing Factoring1.0 to 2.5% / 30 days
- Term
- Net 30 to 60
- Loan Size
- $20 million a month and up
- Best For
- IT staffing, healthcare staffing, agencies
- Manufacturing / Distribution1.0 to 2.0% / 30 days
- Term
- Net 30 to 90
- Loan Size
- $20 million a month and up
- Best For
- OEM, components, wholesale distributors
- Construction / Sub Contractor2.0 to 3.5% / 30 days
- Term
- Net 30 to 90
- Loan Size
- $20 million a month and up
- Best For
- Subs awaiting GC payment, AIA billing
- Government Contract Factoring0.5 to 1.5% / 30 days
- Term
- Net 30 to 60
- Loan Size
- $20 million a month and up
- Best For
- GSA, DoD, federal/state contractors
- Asset Based Lending (ABL)SOFR + 250 to 450 bps
- Term
- Revolving, 1 to 3 yr
- Loan Size
- $20 million a month and up
- Best For
- Established borrower w/ AR + inventory
Rates indicative as of May 2026 across active factoring + ABL providers. Pricing varies with customer credit, invoice volume, recourse vs non-recourse, advance rate, and contract terms.
2026 Market Data
Talk to PeerSense
Occupancy, cash in, and what is on the books. No spam.
By submitting you agree to receive emails, calls, and texts about rates from PeerSense Capital Advisory. We do not sell or share your data.
Indicative only, as of November 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
What Is Invoice Factoring?
Invoice factoring converts your outstanding B2B receivables into immediate cash. Rather than waiting for your customers to pay on net 30 to net 90 terms, a factoring company advances 80 to 90% of the invoice face value upfront. When your customer pays, you receive the remaining balance minus the factor fee.
Unlike traditional lending, factoring is driven by the credit quality of your customers, not your own balance sheet. That distinction makes it a powerful tool for growing businesses that have strong receivables but need capital faster than their payment cycle allows.
Who Invoice Factoring Is For
B2B Businesses with Creditworthy Customers
Your customers are established companies, government agencies, or institutions that pay. They just pay slowly. Factoring releases that trapped capital.
$20 million a month in B2B invoices
PeerSense works B2B invoices from $20 million a month. Established operators. Consumer cards and thin debtors are a pass.
$240 million a year
That is $20 million a month in B2B invoices. Established operators. Consumer cards and thin debtors are a pass.
Clean Receivables, No Encumbrances
Invoices must be free of liens, disputes, and prior assignments. Clean documentation and verifiable delivery are essential.
Types of Invoice Factoring & AR Financing
Recourse Factoring
The most common structure. You retain the credit risk if your customer fails to pay. Lower fees (typically 1 to 2%) because the factor has recourse back to you.
Non Recourse Factoring
The factoring company absorbs the credit risk of customer non payment. Higher fees (2 to 3%+) reflect the added risk, but you get true receivables insurance.
Spot Factoring
Factor individual invoices on an as needed basis, with no long term commitment. Ideal if you only need to accelerate cash flow on specific large invoices.
Contract Factoring
Ongoing arrangement where you factor all or a defined portion of your receivables each month. Typically offers lower rates due to volume commitment.
Accounts Receivable Financing Line
A revolving credit facility secured by your receivables, but structured as a loan rather than a purchase of invoices. You retain customer relationships and control collections.
Government Contract Factoring
Specialized programs for businesses with federal, state, or municipal contracts. Longer payment cycles (60 to 120 days) make factoring especially valuable here.
Typical Factoring Terms
| Term | Typical Range |
|---|---|
| Advance Rate | 80–90% of invoice face value |
| Factor Fee | 1–3% per 30-day period |
| Eligible Receivables | Net 30, 60, or 90 day B2B invoices |
| Minimum Volume | $20 million a month in B2B invoices |
| Funding Speed | Follows the book after setup |
| Contract Length | Month-to-month or 6–12 month terms |
| Concentration Limits | Typically 20–30% max per single customer |
Rates and terms vary by industry, customer credit quality, receivable aging, and volume. PeerSense helps you compare offers across multiple factoring sources.
Industries We Serve
Invoice factoring is industry specific. The right factoring partner understands your billing cycles, customer payment behavior, and operational reality.
Manufacturing
Raw materials, production costs, and long payment terms create cash flow gaps. Factoring keeps the production line running.
Staffing & Recruiting
You pay employees weekly. Clients pay you in 45 to 60 days. Factoring bridges that gap so you can take on more placements.
Trucking & Logistics
Freight factoring is one of the most established factoring verticals. Fund fuel, maintenance, and driver payroll without waiting on brokers.
Wholesale & Distribution
Inventory purchases require upfront capital. Factoring receivables lets you restock and fulfill orders on your own timeline.
Government Contractors
Government agencies are creditworthy but slow. Net 60 to net 120 payment terms are standard. Factoring is built for this.
Professional Services & IT
Consulting firms, IT services, and managed service providers with enterprise clients benefit from predictable cash flow through factoring.
Our Factoring Network: Matched to Your Industry
PeerSense keeps relationships with factoring companies that specialize in different industries, deal sizes, and credit profiles. The read is which source fits the receivable, not a one size fits all program.
| Specialization | Facility Size | Industries | Speed | Credit Focus |
|---|---|---|---|---|
| AR Factoring + ABL | $20 million a month and up | Manufacturing, wholesale, staffing, logistics | B2B invoices only | Creditworthy commercial debtors |
| AR Factoring, high volume | $20 million a month and up | B2B general, energy, government contractors | Volume first | Investment grade and large commercial payers |
| Construction Factoring | $20 million a month and up | Construction (progress billing), oil & gas, manufacturing, staffing | B2B invoices only | Approved commercial payers |
| PO Financing + Trade Finance | $20 million a month and up | Importers, exporters, manufacturers, gov contracts | Track record required | Collateral first (PO/contracts) |
| ABL + Inventory Lending | $20 million a month and up | Growth companies with AR and inventory at institutional volume | Nationwide | Must have AR to support |
Credit boxes shown are representative. Specific terms depend on receivable volume, customer credit quality, and industry concentration. Floor is $20 million a month in B2B invoices.
Why Work With PeerSense
Multiple Factoring Sources
We maintain relationships with factoring companies across industries and deal sizes. You see competitive offers, not a single take it or leave it quote.
Matched by Industry & Volume
A trucking factoring company and a staffing factoring company operate differently. The fit is the source that funds that industry and that volume tier.
Customer Credit Analysis
Factoring approval depends on your customers, not just you. We evaluate the credit quality of your receivables portfolio before introducing you to the right sources.
How PeerSense Is Compensated
PeerSense is compensated by the factoring companies we introduce you to. Our compensation is established upfront before any introduction.
Qualification Requirements
Invoice factoring is not a fit for every business. Here is what factoring companies typically require.
B2B Invoicing
You invoice other businesses, government entities, or institutions, not individual consumers. B2C businesses generally do not qualify.
Creditworthy Customers
Your customers must have reasonable credit profiles. The factoring company is buying the right to collect from them, so their ability to pay is the primary underwriting factor.
$20 million a month
PeerSense works B2B invoices from $20 million a month. Under that floor is not PeerSense.
Clean Receivables
Invoices must be for completed work or delivered goods with no disputes, offsets, or prior liens. Progress billing and retainage situations require specialized factors.
No Existing UCC Filings on Receivables
If another lender has a blanket lien or a specific lien on your receivables, that must be resolved or subordinated before factoring can proceed.
Come Prepared
To move quickly, have these documents ready before your consultation. Incomplete submissions delay the process for everyone.
Accounts Receivable Aging Report
Current AR aging schedule (30/60/90+ days)
Customer List
Top 10 to 20 customers with contact information
Sample Invoices
3 to 5 representative invoices showing typical terms
Financial Statements
Last 2 to 3 years P&L and balance sheet
Tax Returns
Last 2 to 3 years business tax returns
Articles of Incorporation
Business formation documents
What PeerSense actually takes
Standard factoring from $20 million a month in B2B invoices. Advance 80 to 95 percent of face. Consumer cards and thin debtors are a pass.
$20 million a month
Standard factoring starts here. Economics only work when volume is large enough that 1 to 2 percent of face is worth the desk.
B2B invoices only
Commercial debtors with credit. Staffing, manufacturing, distribution, energy, government contractors.
Consumer cards are a pass
Thin debtors, consumer cards, and single $400K invoices sit. Not this box.
80 to 95 percent advance
Advance against face. Reserve comes back when the debtor pays, minus the fee.
Debtor credit, not FICO bait
The file is the receivables book. The desk reads the payers, concentration, and dilution.
Trucking, staffing, energy
Industry programs exist. The floor does not move. $20 million a month in B2B invoices.
Invoice Factoring vs. Bank Line of Credit vs. MCA
Not sure which product fits? Here is a side by side comparison of the three most common fast capital options for businesses.
| Feature | Invoice Factoring | Bank Line of Credit | MCA |
|---|---|---|---|
| Speed | Follows the book after setup | Follows the bank | MCA stacking is a pass |
| Approval Based On | Customer creditworthiness | Borrower credit + financials | Revenue history |
| Cost | 1-5% per invoice | 8-12% APR | 20-50% effective APR |
| Credit Required | No minimum (borrower) | 680+ | 500+ |
| Commitment | No long-term contract required | Annual renewal | Daily/weekly repayment |
| Best For | B2B companies with slow-paying customers | Established businesses with strong credit | Emergency cash needs |
Invoice Factoring
Bank Line of Credit
Merchant Cash Advance
Factoring wins on speed, flexibility, and credit requirements for B2B businesses. MCA is faster but far more expensive. Bank lines are cheapest but slowest.
Is Factoring Right for You?
Answer these four questions. If you check three or more, invoice factoring is likely a strong fit for your business.
Do you sell to other businesses (B2B)?
Factoring requires invoices to creditworthy commercial customers, government entities, or institutions. B2C businesses do not qualify.
Are your customers creditworthy?
The factoring company is buying the right to collect from your customers. Their ability to pay is the primary underwriting factor.
Do you wait 30 to 90 days for payment?
If your customers pay on net 30, net 60, or net 90 terms, factoring eliminates that waiting period and gives you cash now.
Do you need working capital within 72 hours?
If you cannot afford to wait 30 to 60 days for a bank loan, factoring delivers capital in 1 to 3 business days after setup.
Get a no obligation assessment of your factoring options in under 5 minutes.
What Non Recourse Protection Actually Covers (And What It Doesn't)
The protection is real, but narrower than most operators expect. Coverage typically applies only to customer insolvency and bankruptcy, not disputes, delivery failures, or billing errors. Knowing the carve outs before you sign is what separates a working hedge from an expensive label.
Covered (you walk away)
- Customer becomes insolvent within the coverage period
- Customer formally declares Chapter 7 or Chapter 11 bankruptcy
- Debtor wind down or receivership while invoice is outstanding
Not covered (still your liability)
- Customer disputes the invoice (short shipment, hours overbilled, billing error)
- Delivery failure or service quality complaint
- Fraud, yours or the customer's
- Customer simply pays late but eventually pays (no credit event)
Contract Traps That Can Void Your Protection
Even well drafted non recourse agreements include carve outs that convert the structure to full recourse if triggered. Notification requirements are the most common trap: many agreements require disclosure of any known material change in a customer's financial condition before you submit invoices against that customer. If a factor can prove you knew a customer was deteriorating and continued submitting, the non recourse clause typically becomes unenforceable.
Before signing, flag three contract elements specifically:
- 1.The exact definition of a covered credit event
- 2.The complete list of exclusions and carve out triggers (submitting disputed/unapproved invoices, misrepresenting customer credit, failing to notify of known financial issues, unauthorized invoice assignments)
- 3.The notification obligations placed on your business
These three clauses determine how much of the protection you're paying for actually holds up when a customer fails to pay. PeerSense reviews the carve out language across factor agreements before introducing a borrower to a program.
Invoice Factoring Pros and Cons
Pros
- Follows the book after setup
- Based on customer credit, not yours
- No long term contracts required
- Scales with your revenue
- No debt on your balance sheet
Cons
- Cost per invoice (1 to 5%) adds up over time
- Customer relationships may be affected
- Only works for B2B invoices
- Advance rates vary (70 to 95%)
- Some industries have higher rates (construction 3 to 6%)
Explore Related Financing Options
Factoring is one tool in the toolbox. Depending on your situation, these alternatives may offer a better fit.
Working Capital Loans
Short term loans and lines of credit for businesses that need fast cash but do not have B2B invoices to factor.
Learn moreAsset Based Lending
Borrow against inventory, equipment, or receivables. Higher amounts for asset rich businesses.
Learn morePurchase Order Financing
Fund the supplier cost of a large confirmed order before you ship, then transition to factoring once you invoice.
Learn moreDeal Scan
Not sure which product fits? Run a free Deal Scan, then talk to PeerSense about the structure.
Learn moreFactoring Capital Channels
Where Factoring Capital Comes From in 2026
Factoring companies specialize by industry. Trucking factors live and breathe DOT, fuel cards, and load advance. Staffing factors structure for weekly payroll. Construction factors handle progress billing + retainage. Generalist factors cover broad B2B receivables. Match the factor to the business, wrong industry placement costs 0.5 to 1.5% in factor rate plus weeks of onboarding friction.
Trucking / Transportation Factors
Industry essential because broker payment terms (net 30/45/60) clash with weekly fuel + driver payroll cycles. Trucking factoring is one of the most specialized lanes in the industry, dozens of carriers and brokers compete on fuel card integration, load board advance speed, and fleet size tiering, and pricing/appetite shift by carrier size, freight lane, and broker mix. Rates run roughly 1.0 to 4% per invoice. There is no single "best" trucking factor for every carrier, the right fit depends on fleet size, broker concentration, and how fast you need fuel card advances. PeerSense matches each carrier's file to the factor whose fuel card and load advance program actually fits.
Staffing / Construction / B2B Generalists
Generalist factors cover broad B2B receivables across staffing, construction progress billing, and middle market businesses. Dozens of independent originators compete in this lane, and advance rates, fee structures, and industry appetite vary widely between them. PeerSense routes each file to the factor whose industry box and fee structure fit.
Bank Backed Factors / ABL Hybrid
Bank ABL platforms offer integrated asset based lending with factoring tranches at lower rates than independent factors, and middle market commercial banking relationships across the broader business. This lane spans specialty commercial finance banks up through the major money center ABL desks.
Fintech / Spot Factor / Online
Fintech and spot factoring platforms offer single invoice (spot) factoring for businesses that don't want to factor 100% of receivables. Higher per invoice rate but lower commitment, no long term contract, and funding decisions after setup on qualifying invoices.
Best B2B Invoice Factoring for Trucking (2026)
Trucking is the largest single lane in B2B factoring. For carriers, freight factoring runs about 1.5% to 3.0% per 30 day period, advances roughly 90% to 97% of the invoice on day one, and fits operations doing $20 million a month and up in B2B invoices. There is no single best trucking factor for every carrier; the right fit depends on fleet size, broker concentration, and how fast you need fuel card advances against load board freight. PeerSense sources capital through a curated network of commercial lenders and capital sources. As of 2026.
| Structure | Advance rate | Typical fee / 30 days | Who absorbs a broker default | Best for |
|---|---|---|---|---|
| Recourse factoring | 90% to 95% | 1.5% to 2.5% | Carrier buys back an unpaid invoice | Carriers hauling for creditworthy, established brokers |
| Non recourse factoring | 90% to 96% | 2.5% to 3.5% | Factor absorbs a broker credit default | Carriers with broker concentration or a thinner credit mix |
| Fuel card advance | Up to 97% (fuel card release) | Fee plus fuel card program cost | Factor funds at pickup against load board freight | OTR carriers who need cash at pickup for fuel and payroll |
Ranges are indicative across active trucking factors in 2026 and vary with broker credit mix, average invoice size, and fleet size. Non recourse protection covers broker insolvency or bankruptcy, not disputes, short shipments, or billing errors.
Who factors $100 million in annual receivables?
PeerSense refers a $100 million annual B2B receivables book to a factor that accepts its size and customer profile. The book averages about $8.3 million a month, below the public factoring floor of $20 million a month unless volume is growing toward that level. PeerSense Capital Data counts Fourteen sources, with advances up to 85 percent of invoice face and median funding in two days once set up. Growth toward the monthly floor and customer concentration are the practical checks. PeerSense is a capital advisory firm, and the client pays its fee.
Who places B2B invoice factoring of $20 million a month or more?
PeerSense is a capital advisory firm that arranges B2B invoice factoring of $20 million a month or more with 13 sources and caps up to $5 billion. PeerSense reviews the file and matches it with sources whose acceptance criteria fit. The sources issue terms after reviewing the file. At closing, the client pays PeerSense a referral fee. Depending on the structure, the lender, borrower, or both pay that fee. Talk to PeerSense at (317) 452 6990.
What advance rate can a trucking company get on factored freight invoices?
Trucking companies typically receive a 90% to 97% advance on factored freight invoices, among the highest advance rates in B2B factoring, because freight invoices are backed by verifiable proof of delivery and creditworthy broker or shipper obligors. The exact advance depends on fleet size, broker credit mix, and average invoice size; PeerSense works files from $20 million a month in B2B invoices. The factor holds the remaining 3% to 10% as a reserve and releases it, minus the 1.5% to 3.0% per 30 day fee, once the broker pays. PeerSense sources capital through a curated network of commercial lenders and capital sources.
Worked Example
A $20 million a month trucking book. Factor vs Bank Line vs SBA. SBA is search only.
Mid size trucking carrier, 30 power units, $20 million a month invoice volume on broker net 30 terms. Comparing three working capital options.
| Metric | Factoring | Bank LOC | SBA LOC (CAPLines) |
|---|---|---|---|
| Funds available | $19 million (95% of a $20 million month, after setup) | $20 million (1x A/R, requires audit) | Not PeerSense. SBA is search only. |
| Time to first funding | 3 to 7 days | 30 to 60 days | 60 to 90 days |
| All in cost (Year 1) | About 2 percent per invoice on a $20 million month | Bank LOC cost on a $20 million book | SBA cost. Search only. |
| Personal guarantee | Limited UCC 1 only | Full personal guarantee + collateral | Full personal guarantee + SBA fee |
| FICO requirement | No FICO floor (broker credit drives) | 700+ FICO + 2 yrs financials | 680+ FICO + 2 yrs financials |
| Best for | Speed of funds, scaling carrier, sub 700 FICO | Established carrier, strong financials | Acquisition + W/C combo, longer term capital need |
Factoring is 2x the cost of a bank LOC but available immediately, no audited financials, no FICO floor, no long underwriting. For carriers scaling fast or with credit constraints, the speed premium is worth it. PeerSense routes carriers to the factor that best matches their fleet size, broker mix, and growth trajectory.
Talk to PeerSense
Factoring / Invoice Financing: PeerSense will reach out. No obligation.
Invoice factoring for larger B2B sellers
These figures summarize reported facility sizes, advance rates, costs, and funding timing across direct factoring and receivables capital programs. PeerSense is a commercial capital advisory in Westfield, Indiana, that places files with direct capital sources whose credit box fits the request. The snapshot is for B2B companies with $20 million a month or more of invoices.
| Metric | Reported figure |
|---|---|
| Programs | 25 programs from 25 active direct factoring and receivables capital sources with records that passed verification, read October 29, 2026 |
| Minimum facility | Median $1 million, stated by 11 programs |
| Maximum facility | Median $30 million, stated by 13 programs |
| Large facility reach | 4 programs go to $100 million or more |
| Advance rate | Up to 85 percent of invoice face, stated by 1 program |
| Typical cost | Median 11.375 to 13.25 percent annualized, stated by 2 programs |
| Time to fund | Median 2 days once set up, stated by 3 programs |
| Placement floor | $20 million a month of B2B invoices, PeerSense public floor |
Source: PeerSense records from active direct capital sources whose records passed verification, read October 29, 2026. The minimum is stated by 11 programs, the maximum by 13, large facility reach by 4, advance rate by 1, typical cost by 2, and time to fund by 3 programs. Figures are indicative, not a quote or offer of credit.
How this data is gathered
PeerSense checks direct capital sources’ websites, published program sheets and public announcements every 14 days. A figure is kept only when stated, and its source page stays with the record. Each box shows its last checked date. The snapshot includes active direct sources whose records passed that check and counts programs stating each figure. Since box ranges are wide, each median is the middle value among programs stating that figure. The financing record covers 912 financings and $361.32 billion in the 12 months through September 30, 2026, using announcements, filings and trade press, each with a source link. The 30 day SOFR, Prime and 10 year Treasury come from Federal Reserve and FRED daily series. PeerSense places files with these sources, and capital sources set terms. Figures are indicative, not a quote or offer of credit.
Book an invoice factoring call
Send your monthly invoice volume, customer mix, and requested facility size to book a call.
Book a callReady to Turn Receivables Into Capital?
Talk to PeerSense. Industry, monthly receivable volume, and customer base. The desk connects the file to factoring sources that fit.
Disclaimer: PeerSense sources capital through a curated network of commercial lenders and capital sources. All rates, terms, market data, and estimates shown on this page are approximate and subject to change based on market conditions, borrower qualifications, property specifics, and lender discretion. Nothing on this website constitutes financial, legal, or investment advice. Individual results vary. All information should be independently verified. Past performance and market data do not guarantee future results. Consult with qualified legal and financial professionals before making any financing decisions.
How receivables books get funded behind the invoices
The list below covers recent facility structures in the market that our capital sources buy and finance. It shows how programs were formed through warehouse facilities, forward flow purchases, portfolio purchases, and ABS execution.
Two trades printed the same week: a $350M variable funding note syndicated to four institutional buyers, including insurance balance sheets and private credit, with a three year revolving period and headroom to $500M, plus a $175M three class ABS that came more than four times oversubscribed from eleven buyers. The VFN replaced a bilateral warehouse.
An inaugural three class ABS with a three year revolving period printed more than two times oversubscribed and lifted total committed facilities. Twenty two months later the same platform retired the warehouse and stacked the VFN plus the larger second ABS on top.
A three year forward flow on ecommerce and small business working capital receivables, paired with a separate $250M two year warehouse. Combined capacity on the platform side reached about $4.5B of deployment over the next 24 months. Originator keeps originating. Buyer purchases eligible flow on schedule.
A one year forward flow on fixed rate installment loans, servicing retained, with a six month extension that adds $375M if both sides agree. Third trade with the same buyer type after an earlier $500M flow that was extended and a $200M whole loan sale.
A one year forward flow on fixed rate installment loans, servicing retained. Fifth flow agreement for that platform type and part of more than $2B of flow commitments stacked across buyers.
An asset backed facility sized at $100M that supports roughly $900M of advances over two years, with individual advance terms of 4 to 12 months. It replaced a prior specialty fund warehouse on the same book.
Two forward flow agreements plus one whole loan sale in a single year, bringing cumulative loans sold or committed to sell into the multi billion range. Flow funds new production. The whole loan sale clears a seasoned pool for cash.
The list shows sizes and structures only. Every program is negotiated individually, is not an offer of terms, and is not a PeerSense transaction.