Running a business shouldn’t mean waiting weeks or months to get paid. At New Century Financial, our invoice factoring services give companies like yours immediate access to working capital by turning outstanding invoices into fast cash. When you need to cover payroll, buy materials, or invest in growth, our team helps you unlock your revenue on your terms.

As a leading invoice factoring company, we work with businesses across industries to provide flexible, fast, and transparent funding solutions without the complications of traditional loans.

What Is Invoice Factoring?

Invoice factoring is a financing solution that lets you convert unpaid customer invoices into same-day cash. Instead of waiting 30 or 60 days for customer payments, you sell the invoice to us, and we advance you up to 90% of the total value, typically within 24 hours. Once your customer pays, you receive the remaining balance, minus a small fee.Unlike a loan, factoring doesn’t add debt to your books. It’s simply a way to accelerate cash flow using your already-earned money.

How Fast Invoice Factoring Works

If you've never worked with a factoring company before, the process is simpler than you might think.

  1. Submit your invoice: Send us an invoice for completed work or delivered products.
  2. Get funded: We advance up to 90% within 24 hours.
  3. Customer pays: You receive the remaining balance minus our fee when your customer pays.

Learn more about our process and the advantages of invoice factoring.

Benefits of Invoice Factoring vs. Traditional Financing

Businesses often compare factoring to loans or lines of credit. Here’s why many choose invoice factoring services instead:

Feature Invoice Factoring Traditional Loan
Approval Time 24 hours or less Days to weeks
Collateral Needed No Often required
Debt Incurred None Yes
Flexibility Fund as needed Fixed amount
Tied to Credit Score No Yes
Grows with Business Yes Limited

Why Choose Our Invoice Factoring Company?

You need speed, control, and reliability when cash flow is tight. Here's what sets New Century Financial apart:

  • Fast Invoice Factoring: You can be approved in as little as 24 hours and access cash in less than a day.
  • No Long-Term Contracts: Fund only the invoices you want, when you want. No minimums or lock-ins.
  • High Advance Rates: We advance up to 90% of your invoice value—far more than many factoring companies.
  • No Hidden Fees: Transparent pricing with no surprise charges.
  • Scalable for Growth: Increase your funding as your business grows.
  • Trusted Partner for Various Industries: We’ve served companies across industries with millions in fast, flexible funding.

We don’t just provide small business invoice factoring.

We provide invoice factoring services to a wide range of companies, including but not limited to:

  • Small businesses looking for faster cash flow
  • Startups with limited credit history
  • Established mid-market firms scaling operations
  • Seasonal businesses with cash flow gaps
  • Project-based businesses that invoice after delivery

No matter your size or sector, if you’re waiting on customer payments, invoice factoring can help close the gap.

Who We Work With

We offer factoring services across a wide range of industries. Our team can create a custom plan to match your needs if your business is seasonal, project-based, or scaling quickly.
Explore our industry-specific solutions:

Is Invoice Factoring Right for You?

Invoice factoring is ideal for businesses that:

  • Have reliable customers, but slow payments
  • Need working capital quickly to cover expenses or seize opportunities
  • Want flexible funding without adding debt

Whether you’re dealing with late payments, growing faster than your cash flow, or simply looking to streamline operations, quick invoice factoring can help stabilize and grow your business.

Get Funding Today

Are you tired of chasing payments or stressing over cash flow? Our invoice factoring company makes it easy to move forward.

Call our specialists at 713-840-1600 or apply online now.

Frequently Asked Questions About Invoice Factoring

Does New Century Financial collect payments from my customers?

No. Unlike some factoring companies, we do not take over collection efforts. You maintain control of your customer relationships and handle collections directly. That said, we do support your efforts—if an invoice becomes overdue or a customer is unresponsive, our team will step in to help with reminders or communication as needed.

Do I have to factor all my invoices?

No. With New Century Financial, you choose which invoices to factor. There are no minimums, and you’re never locked into a long-term contract.

Is invoice factoring a loan?

No, factoring is not a loan—you’re not taking on debt or making monthly payments. You’re simply getting an advance on money already owed to you, based on invoices you've issued to your customers.

Is invoice factoring only for small businesses?

Not at all. While many small businesses benefit from quick invoice factoring, we also serve mid-sized and larger companies. Factoring is a viable solution if you invoice clients and experience payment delays.