Invoice Financing and Factoring in Idaho: Costs and Eligibility
A business can complete a profitable job, send an invoice, and still struggle to cover payroll or supplier payments while waiting for its customer to pay.
For Idaho trucking companies, manufacturers, staffing agencies, wholesalers, and commercial contractors, the problem often comes down to timing. Customers may pay on net-30, net-45, or net-60 terms, while employees, suppliers, fuel providers, and insurance companies require payment much sooner.
Invoice financing and factoring can help businesses access cash tied up in eligible unpaid invoices. However, the amount advanced, total cost, customer-notification requirements, and responsibility for unpaid invoices vary considerably.
Quick Answer: Idaho businesses with completed, undisputed invoices owed by creditworthy commercial customers may qualify for invoice factoring or accounts receivable financing. Factoring generally involves selling receivables, while invoice financing typically involves borrowing against them. Costs depend on collection timing, fees, and customer risk. Existing liens, disputed invoices, and recourse obligations can limit eligibility.
How Does Invoice Financing Work in Idaho?
Invoice financing allows an eligible business to access funds based on money owed by its customers for goods delivered or services performed.
Instead of waiting for the contractual payment date, the company obtains financing against a qualifying receivable.
Consider an illustrative Idaho commercial cleaning company that has completed $75,000 of contracted services for a corporate customer.
The customer accepts the work and agrees to pay within 60 days.
The cleaning company needs money for employee wages, supplies, and insurance before those 60 days have passed.
Depending on the financing arrangement, it may be able to obtain an advance supported by the unpaid invoice.
The provider evaluates the receivable, the customer's creditworthiness, the seller's right to payment, and the contractual obligations surrounding collection.
An invoice is not automatically financeable simply because it appears in accounting software.
The underlying work generally needs to be completed, properly documented, and free from material disputes.
Financing providers also need to determine whether the customer is likely to pay and whether another creditor already holds rights affecting the receivable.
For businesses managing recurring gaps between completed work and collections, Mehmi Financial Group's guide to business funding between customer payments explains how receivables-based facilities compare with revolving credit and term loans.
What Is the Difference Between Invoice Factoring and Accounts Receivable Financing?
The terms are frequently used together, but the financing structures are not identical.
Invoice Factoring: Selling Eligible Receivables
Invoice factoring generally involves selling qualifying customer invoices to a factoring company.
The factor advances an agreed portion of the invoice value and collects payment under the factoring agreement.
Once the customer pays, the factor reconciles the remaining reserve and deducts applicable charges.
The process usually involves five stages:
The business completes the work or delivers merchandise.
The customer receives a valid invoice.
The factor verifies the invoice and provides an initial advance.
The customer pays according to the applicable assignment and collection arrangements.
The factor settles the remaining reserve after fees and adjustments.
A reserve is the portion of the invoice value temporarily withheld from the initial advance. It is not automatically an additional financing fee.
Idaho's official business terminology glossary describes factoring as obtaining working capital by selling accounts receivable at a discount, with the purchaser managing collections.
This structure can be useful when the customer has stronger credit than the business seeking funds.
However, the factoring company may still evaluate the seller's financial condition, existing debt, ownership, disputes, and operating history.
Accounts Receivable Financing: Borrowing Against Invoices
Accounts receivable financing generally involves a loan or revolving facility secured by eligible unpaid invoices.
The business ordinarily retains ownership of its receivables, while the lender establishes borrowing availability based on qualifying accounts.
For example, a distributor with $300,000 in outstanding invoices might receive a borrowing limit determined by eligible receivables after advance-rate adjustments, exclusions, and concentration limits.
A borrowing base is the calculation a lender uses to determine how much can be advanced against eligible collateral.
Availability can decrease when invoices become overdue, customers dispute amounts, or the eligible receivables balance declines.
Receivables-backed credit facilities may offer greater flexibility for established companies with recurring collections, but they can also require more financial reporting, covenants, and collateral monitoring.
These are lending arrangements, unlike a conventional true-sale factoring transaction. A factoring contract's legal and accounting treatment depends on its actual terms, not simply its marketing label.
For businesses with regular operating expenses, working-capital financing for cash-flow gaps provides a useful comparison of these alternatives.
Which Idaho Businesses Are Eligible for Invoice Factoring?
Invoice factoring is generally most appropriate for businesses that sell goods or services to other businesses on credit terms.
The strongest applications involve completed transactions, verifiable invoices, and customers with a reliable history of payment.
1. The Invoice Must Represent a Valid Payment Obligation
Factors typically want evidence that the seller has completed the work or delivered the goods required under the customer agreement.
Supporting documentation might include signed delivery receipts, approved timesheets, purchase orders, or completion certificates.
A signed contract for $200,000 does not automatically create $200,000 in eligible receivables.
If work has not been performed, the business may need contract financing, a working-capital facility, or another structure rather than conventional factoring.
For contractors financing expenses before the invoicing stage, Mehmi's guide to financing upfront labor and materials explains the distinction.
2. The Customer Must Be Creditworthy
Factoring providers place substantial emphasis on the customer responsible for paying the invoice.
A business with modest financial resources may still have eligible invoices from established corporate customers.
However, a customer experiencing financial difficulties, disputing invoices, or consistently paying late can weaken the application.
Provider-specific customer credit limits may restrict the amount available, even when the invoice itself is valid.
3. Invoices Must Meet Aging Requirements
Many factors prefer invoices that are current and payable within an acceptable period.
Net-30, net-45, and net-60 arrangements are common examples of payment terms that may fit a factoring structure.
However, no universal invoice-aging limit applies to every provider.
An invoice that was issued 100 days ago and is seriously overdue may be treated differently from a current invoice with 60-day terms.
The amount of time remaining until payment can also affect the factoring fee.
4. Customer Concentration Can Limit Availability
Customer concentration measures how much of a company's receivables are owed by one customer.
For example, suppose an Idaho manufacturer has $500,000 in accounts receivable, with $350,000 owed by one national distributor.
That customer represents 70% of the outstanding balance.
Even if the customer has historically paid on time, a factor may apply a concentration limit or additional reserve.
One disputed payment could otherwise affect a substantial portion of the financing provider's exposure.
5. Existing Liens Must Be Addressed
If a bank already holds a security interest in the company's accounts receivable, the factoring provider must evaluate those existing rights.
The transaction may require a release, payoff, subordination, or another acceptable agreement.
Approval can be delayed or prevented if the factor cannot obtain the necessary rights to the invoices.
6. The Business Must Have an Acceptable Compliance and Credit Profile
Although customer credit matters heavily, factors do not ignore the applicant's own circumstances.
They may review business ownership, operating history, existing financing, bank activity, tax issues, fraud risk, and outstanding legal claims.
There is no universal minimum credit score or annual revenue requirement for all factoring providers.
Poor business credit does not automatically prevent approval, but serious unresolved issues can affect eligibility.
Which Idaho Industries Commonly Use Invoice Factoring?
Factoring can fit businesses with reliable commercial customers and payment terms that extend beyond their operating-expense cycle.
Trucking and Freight Transportation
A trucking company may complete deliveries while paying for fuel, drivers, insurance, and repairs before freight brokers or shippers settle invoices.
Freight factoring can provide liquidity against eligible completed loads.
A provider may request rate confirmations, bills of lading, proof of delivery, and other load documentation.
The bill of lading supports the receivable; it is not itself an invoice or a guarantee of payment.
Manufacturing and Wholesale Distribution
Manufacturers and distributors may purchase raw materials or merchandise weeks before collecting payment from business customers.
Factoring can help access cash from completed, eligible sales to support subsequent purchases.
However, it generally does not finance speculative future sales.
A company that needs cash for supplier purchases before issuing customer invoices should also consider financing for supplier bills.
Staffing Agencies
Staffing companies may pay employees weekly while business clients settle invoices on longer payment terms.
Factoring can help bridge the gap between approved timesheets and collections.
A factor may require evidence that the client approved the billed hours.
Payroll obligations still depend on employment law and company payroll schedules, regardless of when customers pay.
Commercial Contractors
Contractors may have completed, approved invoices from general contractors, developers, or commercial customers.
These can potentially support factoring.
However, retainage, unapproved progress billing, unresolved change orders, and disputed work complicate eligibility.
A contractor may need a specialized receivables facility rather than standard invoice factoring.
Agriculture-Related and Food Processing Businesses
Idaho businesses involved in food processing, agricultural distribution, and commercial supply relationships may also have qualifying B2B receivables.
However, agricultural transactions can involve specialized liens, contract rights, ownership issues, and commodity-specific payment arrangements.
Financing eligibility must be determined from the underlying transaction rather than the industry alone.
What Idaho Laws Affect Invoice Financing and Factoring?
Several Idaho rules can affect receivable assignments, secured financing, and customer collections.
Idaho UCC Filings and Existing Creditor Rights
Idaho follows Article 9 of the Uniform Commercial Code for covered secured transactions and certain sales of receivables.
The Idaho Secretary of State maintains UCC and lien filing resources, including a public search system.
Before entering a factoring agreement, a business should identify existing security interests in its receivables.
A current bank operating line, asset-based facility, or other financing arrangement may already cover present and future accounts.
Under Idaho Code § 28-9-318, a seller generally does not retain legal or equitable ownership of an account that has been sold, but the law also addresses the rights of creditors when the purchaser's interest is unperfected.
That distinction is important because a genuine receivables purchase can still involve Article 9 perfection and priority requirements.
A lender or factor may request a UCC search and additional documentation before funding.
The appropriate filing jurisdiction depends on the debtor's legal organization and applicable Article 9 rules. An Idaho UCC search alone may not identify every relevant filing for an out-of-state entity.
Customer Notification and Assignment of Invoices
Factoring may change where customers must send payment.
Under Idaho Code § 28-9-406, subject to statutory conditions and exceptions, an account debtor can generally satisfy its obligation by paying the original seller until receiving an effective notice of assignment.
After receiving an effective notice directing payment to the assignee, the customer's payment obligations change.
The statute also permits a customer to request reasonable proof of the assignment.
This makes accurate notification important.
Businesses should confirm who contacts customers, how payment instructions are delivered, and what happens if a customer sends money to the original business after an assignment.
Changing the remittance account without coordinating with the factor can create accounting and contractual problems.
Idaho Customer Defenses and Invoice Disputes
An invoice sale does not necessarily eliminate the customer's contractual rights.
Under Idaho Code § 28-9-404, an assignee's rights can remain subject to relevant contractual terms, defenses, and claims, with statutory qualifications.
This matters when merchandise is defective, goods are returned, or completed work does not satisfy the contract.
A factor may have purchased the invoice, but the customer may still have a valid reason to withhold or reduce payment.
Businesses should disclose known disputes before submitting invoices for financing.
Idaho Government Invoice Payment Rules
Idaho has a specific prompt-payment statute covering qualifying bills owed by the state or its taxing districts.
Under Idaho Code § 67-2302, the general framework requires covered public-sector invoices to be accepted, certified, and paid within 60 calendar days of receipt, subject to contractual provisions, statutory exceptions, and other applicable conditions.
Separate provisions address partial deliveries, disputed invoices, and payment delays.
This is not a guarantee that every government invoice will be paid exactly 60 days after issuance.
For factoring purposes, a provider must still determine whether the invoice is eligible, properly approved, assignable, and collectible.
Public-sector contracts may also contain special payment instructions or restrictions that require additional review.
Idaho Agricultural Liens
Idaho's UCC records distinguish ordinary financing statements from certain agricultural and farm-product filings.
The Secretary of State's UCC information request form identifies categories including effective financing statements relating to farm products and liens involving crops or agricultural products.
These records may be relevant to financing transactions involving agricultural producers, purchasers, processors, or distributors.
The existence of such filing categories does not mean every agricultural receivable is subject to a particular lien.
It means the factor should investigate potential competing claims when the transaction involves covered agricultural products.
Does Idaho Require a Special Consumer Lending License for Commercial Factoring?
The Idaho Department of Finance states that credit extended for business, commercial, or agricultural purposes is usually exempt from the Idaho Credit Code.
However, that statement concerns the scope of the state's consumer credit framework.
It does not establish that every factor, financing intermediary, broker, or collections arrangement is automatically exempt from all licensing, registration, and regulatory requirements.
The legal structure, parties involved, receivables being purchased, and collection activities can affect the analysis.
Businesses should obtain transaction-specific clarification rather than relying on a general statement about commercial lending.
How Much Does Invoice Factoring Cost in Idaho?
Factoring costs depend on the invoice, customer, expected collection period, industry, transaction volume, and contractual risk allocation.
There is no single Idaho factoring fee that applies to every provider.
A provider may charge a fixed percentage of the invoice's face value or a fee that increases the longer the invoice remains unpaid.
Important costs can include:
Factoring discount fee: The primary cost of purchasing and servicing the invoice.
Additional time-based charges: Fees that accumulate when the customer takes longer to pay.
Origination or setup fees: Charges associated with establishing the facility.
Minimum-volume requirements: Obligations that can create costs when the business does not submit enough eligible invoices.
Administrative and transfer fees: Potential costs for servicing, reporting, or sending funds.
Termination or renewal charges: Fees that may apply when leaving or extending an agreement.
Not every agreement includes every charge.
An attractive initial discount rate can become expensive when customer payments arrive later than expected or minimum-volume requirements are not met.
Always calculate the total amount the business retains from each invoice, not just the initial advance.
An advance percentage describes how much cash becomes available early. It does not, by itself, describe the cost of factoring.
Example: Factoring an $80,000 Invoice in Idaho
Consider an illustrative Idaho food-packaging company that has completed and delivered a commercial order.
The customer has accepted the goods and owes $80,000, payable in 60 days.
The supplier needs cash to cover materials and employee costs associated with its next production cycle.
It considers selling the eligible invoice to a factoring provider.
Illustrative Terms
Assume the following:
Invoice face value: $80,000 USD
Initial advance rate: 85%
Initial advance: $68,000
Reserve withheld: $12,000
Initial factoring fee: 2% for the first 30 days
Additional fee: 0.5% for each subsequent 15-day period or portion
Customer payment date: Day 60
Settlement frequency: One initial advance and one reserve settlement after customer payment
Additional fees: None assumed
The transaction is an assumed receivables sale, not an installment loan.
The business makes no scheduled principal or interest payments under these example terms. Instead, the customer pays the factor, and the factor settles the reserve.
The example assumes full customer payment, no disputes, and settlement of the reserve immediately after collection.
These are hypothetical terms, not a Mehmi Financial Group offer or actual provider quote.
Step 1: Calculate the Initial Advance
$80,000 × 85% = $68,000
The business receives $68,000 in advance, subject to completion of all applicable verification and funding conditions.
The remaining $12,000 is held as a reserve.
Step 2: Calculate the Factoring Fee
The customer pays on day 60.
The fee consists of:
First 30 days: 2.0%
Days 31–45: 0.5%
Days 46–60: 0.5%
Total factoring fee:
3.0% × $80,000 = $2,400
Step 3: Calculate the Final Reserve Payment
The original reserve is $12,000.
After the factor collects the invoice, the $2,400 fee is deducted.
$12,000 − $2,400 = $9,600
The business receives $9,600 when the reserve is settled.
Step 4: Calculate Total Proceeds
Initial advance: $68,000
Final reserve release: $9,600
Total received: $77,600
Total factoring cost: $2,400
The company receives $68,000 earlier than its customer's normal payment date and ultimately retains $77,600 of the $80,000 invoice.
The example excludes setup charges, wire fees, due-diligence costs, legal expenses, UCC filing charges, taxes, defaults, and any other provider-specific charges.
What Happens if the Customer Pays Late?
Suppose the customer pays on day 75 rather than day 60.
Under the assumed fee schedule, another 0.5% is charged.
That adds:
$80,000 × 0.5% = $400
Total factoring fees increase to $2,800.
The reserve release decreases to $9,200, and total proceeds fall to $77,200.
This is why a factor's additional time-based charges can be as important as the initial discount.
Does Factoring Leave Enough Profit?
Suppose the original $80,000 transaction generated $10,000 in contribution margin before financing expenses.
A $2,400 factoring charge would consume 24% of that contribution margin.
The remaining contribution margin would be $7,600 before fixed overhead, taxes, and other excluded costs.
Factoring may still be worthwhile when it allows the company to complete additional profitable orders.
However, a company operating on narrow margins should not assume that faster cash automatically justifies the fee.
The analysis should compare the financing cost with the additional profit or operating benefit realistically achievable from earlier access to cash.
The 3% factoring fee in this example is a percentage of invoice value over the specified collection period, not a 3% interest rate or APR.
Mehmi's existing factoring calculator uses Canadian-dollar assumptions, so it should not be used to calculate this hypothetical USD transaction.
What Is the Difference Between Recourse and Nonrecourse Factoring?
Recourse provisions determine who bears specified risks when an invoice is not collected.
Recourse Factoring
Under a recourse arrangement, the seller may be required to repurchase, replace, or otherwise cover invoices that remain unpaid under specified contractual circumstances.
The agreement may establish time limits or other conditions.
A customer becoming overdue can therefore create a repayment or repurchase obligation for the business.
Recourse factoring does not necessarily remove the company's exposure to customer nonpayment.
Nonrecourse Factoring
Nonrecourse factoring may transfer certain customer credit losses to the factoring company.
However, nonrecourse protection is often limited to specific circumstances, such as qualifying customer insolvency.
A contract may still require the seller to cover losses involving fraud, inaccurate invoices, returns, disputes, or failure to perform the underlying contract.
Nonrecourse does not automatically mean the seller has no further obligations.
Before accepting an agreement, request clear explanations of which events trigger recourse, how long those obligations continue, and what happens to unresolved invoices when the facility terminates.
Is Factoring Better Than a Business Line of Credit?
Factoring can be better suited to a business whose main obstacle is slow-paying commercial customers.
A line of credit may be more appropriate when the company has strong financial statements, predictable cash flow, and recurring operating needs.
The decision depends on both cost and operations.
With factoring, the provider purchases eligible receivables and generally becomes directly involved in collecting them.
With a revolving business line of credit, the company borrows under an agreement and repays the outstanding balance according to the facility terms.
A line of credit may be less expensive under some circumstances, but it can require stronger financial performance, broader collateral, and ongoing covenants.
Factoring may place greater emphasis on customer creditworthiness and individual invoice eligibility.
Neither structure is universally better.
A company comparing the two should examine total cost, cash available immediately, collection responsibilities, and whether the financing can support repeated operating cycles.
Mehmi's business line of credit overview provides additional information about revolving facilities.
For businesses whose immediate cash shortage is unrelated to particular invoices, the guide to short-term financing for cash-flow needs examines other structures.
What Documents Are Required for Invoice Factoring?
Factoring providers typically need to verify the business, its customers, and the invoices being financed.
Documentation depends on the provider and facility.
A useful application package may include:
Business registration and ownership information.
Recent business bank statements.
An accounts receivable aging report by customer.
Copies of invoices proposed for financing.
Customer payment terms and relevant agreements.
Purchase orders, delivery receipts, or completed-service records.
Existing loan and credit facility details.
Information about outstanding liens.
Recent financial statements, when required.
Providers may also request details about customer credit quality, disputed receivables, concentration, and historical write-offs.
A current receivables aging report is especially helpful because it identifies how much each customer owes and how long invoices have remained outstanding.
For larger facilities, the provider may request accounts payable information, tax returns, and a borrowing-base report.
Clean records can help the underwriting process, but they do not guarantee approval or a particular funding date.
What Are the Biggest Risks of Invoice Factoring?
Factoring can improve access to operating cash while creating contractual and customer-management obligations.
Customer Relationships
Some customers may require updated payment instructions or verification when invoices are assigned.
The seller should understand who will communicate with the customer and how disputes will be handled.
Poorly coordinated changes to payment instructions can create confusion.
Long-Term Agreements and Minimum Volume
Some providers require minimum monthly factoring volume or impose termination charges.
A company expecting to factor only one invoice should check whether the agreement requires it to submit additional receivables.
Competing Security Interests
A factoring facility may conflict with existing bank or asset-based financing agreements.
The business should understand whether invoices remain available to other creditors and what must happen before a factoring relationship can be terminated.
Existing Merchant Cash Advances
Some businesses already have revenue-based financing or merchant cash advances secured by business assets or receivables.
A factoring provider may identify conflicts with those agreements.
Mehmi's guide to financing with an existing merchant cash advance explains why existing payments and liens can complicate new financing.
Costs That Grow With Payment Delays
When factoring charges increase over time, a customer who pays later than expected can materially reduce the seller's remaining proceeds.
The business should calculate the fee at realistic collection dates rather than assuming every customer will pay on the due date.
When Should an Idaho Business Avoid Factoring?
Factoring is not necessarily appropriate when invoices are routinely disputed, customers are financially weak, or the company's gross margins cannot comfortably absorb the charges.
It may also be unsuitable when the business mainly sells directly to consumers who pay at checkout.
Businesses with relatively few unpaid commercial invoices may not have sufficient receivables to support a meaningful factoring facility.
Other warning signs include:
Invoices being issued before work is completed.
Significant amounts of retainage or unapproved progress billing.
Customers routinely deducting credits or disputing charges.
Existing lenders holding unresolved claims on the receivables.
Persistent operating losses even after customers pay.
Factoring fees consuming an excessive portion of operating margin.
Before borrowing or selling receivables, consider improving collections, shortening customer payment terms, negotiating supplier terms, or requesting deposits where appropriate.
If a traditional lender has already declined the business, investigate the reason before assuming factoring is the answer.
Mehmi's guide to business financing after a bank decline explains how to distinguish an unsuitable financing structure from an underlying repayment problem.
How Quickly Can an Idaho Business Obtain Invoice Financing?
Funding timelines depend on the financing provider, completeness of the documents, invoice quality, existing security interests, and customer verification.
A new factoring relationship may involve more steps than subsequent invoices submitted under an established facility.
The process can include reviewing the company's formation records, confirming customer obligations, conducting lien searches, arranging customer notifications, and completing financing documents.
An initial indication of eligibility is not the same as an approved and funded transaction.
An urgent payroll or supplier deadline should not be treated as proof that the business can receive funds before that date.
For a comparison of financing structures and timing considerations, review Mehmi's guide to fast funding for business cash-flow gaps.
Frequently Asked Questions About Invoice Factoring in Idaho
Can an Idaho Business Qualify for Factoring With Bad Credit?
Potentially.
Factoring providers often place substantial emphasis on the creditworthiness of the customer responsible for paying the invoice.
However, the business's own financial condition, existing liens, compliance history, and invoice quality still matter.
Weaker credit may influence eligibility, fees, reserves, or recourse requirements.
Can a New Business Obtain Invoice Factoring?
Some providers consider newer businesses that already have valid commercial invoices.
A startup without completed sales or qualifying receivables may not be eligible.
Provider-specific operating-history requirements vary, so no universal minimum period should be assumed.
Can Idaho Contractors Factor Progress Payments?
Sometimes, but progress payments generally require more specialized review than completed and accepted invoices.
The financing provider may assess approved milestones, retainage, conditional payment provisions, unresolved change orders, and customer disputes.
An invoice associated with unfinished work is not automatically eligible.
Can I Factor Invoices Owed by Government Customers?
Potentially, subject to the relevant contract, assignment restrictions, applicable law, and provider requirements.
A factor may need additional documentation or approval before financing government-related receivables.
Idaho's prompt-payment statute does not guarantee that every government invoice will qualify.
Will My Customers Know Their Invoices Are Being Factored?
In many traditional factoring arrangements, yes.
The provider may notify customers of the assignment and instruct them to send payments to the factor.
Some structures offer different collection arrangements, but eligibility and contractual conditions vary.
Confirm notification requirements before signing.
Do I Need to Factor Every Invoice?
Not necessarily.
Some providers offer selective invoice factoring, while others require businesses to submit all qualifying invoices from certain customers or within specified categories.
Minimum-volume requirements and contract duration should be reviewed carefully.
Does Invoice Factoring Require a Personal Guarantee?
Not universally.
Some agreements require personal guarantees or additional protections, while others rely primarily on receivables and contractual recourse provisions.
A business should examine every guarantee, indemnity, and repurchase obligation before accepting the agreement.
Discuss Invoice Financing and Factoring With Mehmi Financial Group
If your Idaho business has completed, unpaid commercial invoices, factoring or accounts receivable financing may help bridge the gap between customer payment dates and operating expenses.
The right arrangement should provide useful liquidity without creating disproportionate financing costs or unresolved obligations when customers pay late.
Mehmi Financial Group operates as a commercial financing brokerage and intermediary, not a direct lender. It helps eligible businesses explore financing structures through independent providers where applicable requirements and provider availability permit.
Independent financing providers determine approval, pricing, advance amounts, fees, recourse terms, and funding.
To discuss an invoice financing request, prepare your requested financing amount in USD, Idaho business location, intended use of funds, approximate unpaid invoice balance, customer payment terms, and required timing.
Call Mehmi Financial Group at 833-863-4644 or contact Mehmi Financial Group to discuss potential invoice financing or factoring options.