Invoice factoring services are a type of alternative financing for small businesses. Within 24 hours, an invoice factoring company will issue a cash advance for your company's unpaid invoices. This is advantageous for businesses because it bridges the payment period gap, rather than waiting 30, 60, or 90 days for customers to pay.

Accounts receivable financing is a type of business finance in which a firm sells its open invoices to a factoring company in exchange for a cash advance. It's a widespread type of financing used by firms to boost cash flow and reduce the need to wait for consumer payments.

Payroll financing is a type of funding that provides business owners with cash and working capital quickly so that they can pay their employees on time.