What's the best online invoice factoring company in 2026?

FundThrough is what most people picture when they type "online invoice factoring": you upload an invoice, get an offer, and the money lands in your account. What sets it apart from almost every other factor is that the rate is on its pricing page: 1.9% to 2.9% per 30 days on up to $999,999 of outstanding invoices, with a custom quote above $1,000,000. Fees are flat, not compounding, and the advance can reach 100% of the invoice, less the fee.

On a $10,000 invoice your customer pays within 30 days, that's $190 to $290. You don't hand over your whole ledger, and you pick which invoices to fund. The catch is eligibility: US or Canada only, B2B or government customers, and construction and real estate are excluded.

Who it suits best: an agency, a staffing firm or a supplier billing large customers and the public sector, with a few big invoices a month rather than hundreds of small ones. Who it doesn't suit: a contractor billing progress payments, or a business outside North America. Before you upload, check one thing in your customer contract: some large buyers forbid assigning their invoices, and that blocks any factor, not just this one.

altLINE is the factoring arm of The Southern Bank. That matters if you're nervous about who you're handing your receivables to: you deal with a regulated bank, not a lightly capitalized broker. Its rates start at 0.50% and usually land between 1% and 5% of the invoice, depending on how long it stays open. It advances 80% to 90% of the invoice up front.

Read the fee list as well as the rate. There's an origination fee of $150 to $500, ACH transfers from $0, and wires at $15 to $30. On a $10,000 invoice, a typical 1% to 5% means $100 to $500, plus the one-time origination fee when you start. altLINE works on recourse: if your customer doesn't pay, you buy the invoice back.

Because altLINE prices on how long the invoice stays open, your customers' payment habits matter more than your invoice terms. A customer on net 30 who always pays on day 55 pushes you up the scale. Pull your last six months of payment dates before you ask for a quote, and use them to negotiate: a ledger of reliable payers is your best argument for a lower rate.

Riviera Finance is the non-recourse pick on this page. With non-recourse factoring, the factor takes the credit risk on customers it has approved: if one of them becomes insolvent, the loss is theirs, not yours. That is the real difference between "getting paid early" and "getting protected".

Pricing is a percentage of each invoice at a rate set in advance, quoted per account, and Riviera advances up to 95%. There's no public rate card, so you'll need a quote. When you get it, ask exactly what non-recourse covers: in most contracts it covers a customer's insolvency, not a customer who disputes the work or simply pays late.

The practical way to use non-recourse well is to apply it where the risk is. If one customer makes up a third of your revenue, that's the account to protect. Smaller, long-standing customers who always pay may not need the extra cost. Ask Riviera whether you can choose accounts, and what credit limit it sets on each of your customers: the protection only applies up to that limit.

eCapital suits a company whose receivables are growing faster than its bank line. Fees typically run from 1% to 5% or more of the invoice, based on your customers' credit, and the advance can reach 100%. The quote is free.

On a $10,000 invoice, expect roughly $100 to $500 or more. Because the price depends on your customers' credit, a ledger full of large, well-rated customers gets a better deal than one full of small accounts. Ask for the full fee schedule before signing: the rate is only part of what a factor charges.

Where eCapital earns its place is the growth case: a factoring limit follows your invoices, so a company whose sales double can keep funding them without renegotiating a loan. The trade-off is negotiation. With an open fee range, the first quote is a starting point. Bring a competing quote from altLINE or Universal Funding and ask eCapital to match it line by line, side fees included.

Universal Funding publishes something rare: a fee schedule. Rates start at 0.55% and are generally no higher than 2% for the first 30 days. There's no monthly access fee, and the side fees are spelled out: $35 for credit approvals, $50 for the lockbox, $30 for an outgoing wire. It advances up to 95%.

The condition is volume. Universal Funding works with monthly invoice volume between $25,000 and $20M. On a $10,000 invoice paid within 30 days, the factoring fee stays at or under $200, before the small per-item charges. For a business with a steady monthly flow, that's one of the cheapest structures on this page.

A quick check of whether you fit: add up your invoices from the last three months and divide by three. Under $25,000 a month, look at FundThrough instead. Over it, Universal Funding's published schedule lets you do something most factors won't: compute your total yearly cost on a spreadsheet before you ever speak to a sales rep.

Freight has its own factoring market, and Triumph is one of its specialists. That's why it sits apart from the general factors above: it's built around loads and brokers, not generic B2B invoices. You choose which brokers and which loads to factor, and Triumph states there are no minimums and no reserves, two things general factors rarely give up.

Speed is the selling point. Invoices are approved once the paperwork is in, and payment typically lands within minutes on your LoadPay account, 24/7, weekends and holidays included, with no wire fees on LoadPay. Moving money from LoadPay to an outside bank can take up to five business days. Non-recourse contracts are available as an option, covering you if a customer goes bankrupt; they aren't the default.

What you won't find is a rate. Triumph says its pricing depends on the amount and volume of your loads, so you'll need a quote. Approval leans on your customers' credit, which is good news for a new carrier with a thin credit history.

Resolve answers a slightly different question, one many factoring shoppers actually have: "how do I offer payment terms without waiting 60 days for my money?" It runs credit checks on your buyers, recommends a credit line for each, sends automated reminders, and gives buyers a portal to pay by ACH, wire, card or check. On top of that, its Advance Pay option pays you typically 50%, 75% or 90% of an invoice early.

Fees are risk-based on net 30 and net 60 invoices, and plans are custom, scoped to your business; the per-invoice examples on its pricing page only appear as images, so we don't repeat them here. Credit card fees go to the buyer, not to you. Buyer credit lines aren't guaranteed: Resolve decides case by case.