Quick Overview
- 1#1: BlueVine - Offers invoice factoring up to $250,000 with quick funding and no long-term contracts for small businesses.
- 2#2: Fundbox - AI-powered platform providing instant advances on invoices without customer credit checks for SMBs.
- 3#3: TriumphPay - Specialized factoring and payments platform for freight brokers and carriers to accelerate invoice payments.
- 4#4: FactorFox - Cloud-based software for factoring companies to manage accounts receivable, collections, and client portfolios.
- 5#5: Centrixe - Comprehensive ERP-style factoring software with modules for lending, invoicing, and risk management.
- 6#6: DK Software - Robust factoring and asset-based lending software for portfolio management, reporting, and compliance.
- 7#7: Taulia - Supply chain finance platform facilitating early invoice payments via dynamic discounting and factoring.
- 8#8: C2FO - Global marketplace connecting suppliers with buyers and financiers for optimized invoice funding.
- 9#9: Resolve Pay - B2B financing platform offering invoice-based credit lines and factoring for net terms payments.
- 10#10: Billtrust - AR automation software with e-invoicing and financing integrations to speed up receivables.
We evaluated tools based on functionality, user experience, industry relevance, and value, prioritizing reliability, innovation, and alignment with modern business workflows to ensure our list reflects the best options available.
Comparison Table
This comparison table explores popular invoice factoring software tools, such as BlueVine, Fundbox, TriumphPay, FactorFox, and Centrixe, to guide readers in assessing options based on features, pricing, and practical usability. It breaks down differences in funding speed, application ease, and additional services, helping businesses identify the best fit for their unique cash flow needs.
| # | Tool | Category | Overall | Features | Ease of Use | Value |
|---|---|---|---|---|---|---|
| 1 | BlueVine Offers invoice factoring up to $250,000 with quick funding and no long-term contracts for small businesses. | enterprise | 9.3/10 | 9.2/10 | 9.5/10 | 9.0/10 |
| 2 | Fundbox AI-powered platform providing instant advances on invoices without customer credit checks for SMBs. | enterprise | 8.8/10 | 9.1/10 | 9.3/10 | 8.4/10 |
| 3 | TriumphPay Specialized factoring and payments platform for freight brokers and carriers to accelerate invoice payments. | specialized | 8.7/10 | 9.2/10 | 8.5/10 | 8.0/10 |
| 4 | FactorFox Cloud-based software for factoring companies to manage accounts receivable, collections, and client portfolios. | specialized | 8.7/10 | 9.2/10 | 8.4/10 | 8.1/10 |
| 5 | Centrixe Comprehensive ERP-style factoring software with modules for lending, invoicing, and risk management. | enterprise | 7.8/10 | 8.3/10 | 7.5/10 | 7.4/10 |
| 6 | DK Software Robust factoring and asset-based lending software for portfolio management, reporting, and compliance. | specialized | 7.9/10 | 8.4/10 | 7.1/10 | 7.6/10 |
| 7 | Taulia Supply chain finance platform facilitating early invoice payments via dynamic discounting and factoring. | enterprise | 8.4/10 | 9.1/10 | 7.8/10 | 8.0/10 |
| 8 | C2FO Global marketplace connecting suppliers with buyers and financiers for optimized invoice funding. | enterprise | 8.1/10 | 8.5/10 | 7.7/10 | 8.2/10 |
| 9 | Resolve Pay B2B financing platform offering invoice-based credit lines and factoring for net terms payments. | enterprise | 8.2/10 | 8.7/10 | 8.5/10 | 7.8/10 |
| 10 | Billtrust AR automation software with e-invoicing and financing integrations to speed up receivables. | enterprise | 7.9/10 | 8.2/10 | 7.5/10 | 7.6/10 |
Offers invoice factoring up to $250,000 with quick funding and no long-term contracts for small businesses.
AI-powered platform providing instant advances on invoices without customer credit checks for SMBs.
Specialized factoring and payments platform for freight brokers and carriers to accelerate invoice payments.
Cloud-based software for factoring companies to manage accounts receivable, collections, and client portfolios.
Comprehensive ERP-style factoring software with modules for lending, invoicing, and risk management.
Robust factoring and asset-based lending software for portfolio management, reporting, and compliance.
Supply chain finance platform facilitating early invoice payments via dynamic discounting and factoring.
Global marketplace connecting suppliers with buyers and financiers for optimized invoice funding.
B2B financing platform offering invoice-based credit lines and factoring for net terms payments.
AR automation software with e-invoicing and financing integrations to speed up receivables.
BlueVine
enterpriseOffers invoice factoring up to $250,000 with quick funding and no long-term contracts for small businesses.
Same-day funding for eligible invoices via fully digital application and automated verification
BlueVine is a top-tier invoice factoring platform designed for small and medium-sized businesses seeking immediate cash flow by selling unpaid B2B invoices. It offers quick online applications, advances up to 90% of invoice value often within 24 hours, and handles collections while remitting the remainder minus a competitive fee. The service integrates with accounting tools like QuickBooks for streamlined invoice submission and tracking, making it a comprehensive financing solution without traditional loans or collateral.
Pros
- Ultra-fast funding, often same-day or next-day
- Seamless integrations with QuickBooks and Xero
- No long-term contracts or personal guarantees required
Cons
- Factoring fees can add up for frequent use (0.5-1.5% per 30 days)
- Limited to businesses with creditworthy customers and minimum invoice sizes
- Not available in all states or for all industries
Best For
Small to medium B2B businesses with reliable customers needing quick invoice-based financing to manage cash flow gaps.
Pricing
Invoice factoring fees range from 0.5% to 1.5% per 30 days (or 5-15% of invoice value), with no setup fees and flexible pay-as-you-go terms.
Fundbox
enterpriseAI-powered platform providing instant advances on invoices without customer credit checks for SMBs.
AI-powered instant credit decisions and same-day funding directly from accounting software integrations
Fundbox is an invoice factoring solution that advances cash against unpaid B2B invoices, providing small businesses with quick working capital without traditional collateral or personal guarantees. It integrates directly with accounting software like QuickBooks, Xero, and Netsuite for seamless invoice submission and funding requests. Using AI-driven underwriting, Fundbox offers instant credit decisions and same-day funding up to $150,000 on revolving credit lines, with repayment automatically collected when invoices are paid.
Pros
- Lightning-fast approvals and same-day funding
- Seamless integrations with major accounting platforms
- No personal guarantees or collateral required
Cons
- Fees can be higher for shorter repayment terms (e.g., 12 weeks)
- Limited to B2B invoices under $150K
- Automatic weekly repayments may strain cash flow if invoices delay
Best For
Small to medium B2B businesses with reliable invoicing needing immediate cash flow without lengthy loan processes.
Pricing
Pay-per-use fees starting at ~4.6% of advance amount for 12-week terms (equivalent APR 5.9%-29.9% based on risk); no subscriptions or hidden fees.
TriumphPay
specializedSpecialized factoring and payments platform for freight brokers and carriers to accelerate invoice payments.
TriumphPay Guarantee, which ensures 100% payment on verified invoices even in disputes
TriumphPay is a specialized payment and factoring platform tailored for the freight and trucking industry, enabling carriers, brokers, and shippers to factor invoices quickly and securely. It automates invoice verification, auditing, and payments, offering same-day funding advances to reduce cash flow gaps. The platform integrates with popular TMS systems for seamless data flow and provides transparency through real-time tracking and dispute resolution tools.
Pros
- Highly specialized for freight and trucking invoice factoring
- Same-day payments and quick funding advances
- Robust audit tools and 100% payment guarantees
Cons
- Primarily focused on logistics industry, less versatile for other sectors
- Custom pricing lacks public transparency
- Onboarding requires TMS integration for full benefits
Best For
Freight brokers, carriers, and shippers in the trucking industry needing fast, reliable invoice factoring.
Pricing
Custom pricing based on volume and services; brokers often use free core platform with factoring fees of 1-3% per transaction.
FactorFox
specializedCloud-based software for factoring companies to manage accounts receivable, collections, and client portfolios.
Automated reserve management with dynamic calculations and real-time adjustments based on collections and disputes
FactorFox is a cloud-based invoice factoring software tailored for factoring companies, automating the entire lifecycle from invoice submission and approval to funding and collections. It offers robust tools for client and debtor management, reserve tracking, compliance reporting, and real-time dashboards to monitor portfolio performance. The platform supports both recourse and non-recourse factoring, with secure client portals for self-service invoice uploads.
Pros
- Comprehensive workflow automation tailored specifically for factoring operations
- Powerful real-time reporting and analytics for portfolio oversight
- Secure, intuitive client portal reducing manual communication
Cons
- Pricing can be steep for smaller factoring firms
- Limited native integrations with accounting software beyond QuickBooks
- Initial setup and customization require some training
Best For
Mid-sized factoring companies processing high invoice volumes that need end-to-end automation and advanced risk management.
Pricing
Custom subscription starting at $495/month, scaled by transaction volume, users, and features; quotes required.
Centrixe
enterpriseComprehensive ERP-style factoring software with modules for lending, invoicing, and risk management.
Real-time digital factoring with funding in under 2 hours for verified loads
Centrixe is a specialized platform for freight brokers and carriers in the transportation industry, offering invoice factoring to convert receivables into immediate cash. It provides digital invoice submission, rapid approvals, and funding often within hours, integrated with accounting and load management tools. The software streamlines A/R processes, quick pay options, and fuel advances tailored to logistics operations.
Pros
- Lightning-fast funding for transportation invoices
- Seamless integrations with TMS and accounting software
- Industry-specific tools like quick pay and rate confirmation
Cons
- Primarily limited to trucking and freight sectors
- Factoring fees can accumulate for high-volume users
- Setup requires industry-specific onboarding
Best For
Freight brokers and trucking carriers seeking quick cash flow from invoices without general-purpose flexibility.
Pricing
Factoring fees of 1-3% per invoice based on volume and terms; optional platform subscription from $99/month.
DK Software
specializedRobust factoring and asset-based lending software for portfolio management, reporting, and compliance.
Advanced receivable risk scoring and portfolio monitoring integrated directly into the ERP dashboard
DK Software, available at dksoftwarehouse.com, offers DKFaktoring, a specialized module within its ERP system tailored for invoice factoring companies. It streamlines the purchase of receivables, manages client portfolios, advances funds, tracks collections, and generates compliance reports. The solution integrates seamlessly with accounting and CRM tools for end-to-end financial operations in the factoring industry.
Pros
- Comprehensive factoring workflow automation including risk assessment and collections
- Strong integration with accounting and ERP modules
- Customizable reporting and compliance tools for regulatory needs
Cons
- Steep learning curve due to extensive ERP interface
- Primarily geared toward Polish/European markets with limited multi-language support
- On-premise deployment may require IT resources for setup and maintenance
Best For
Mid-sized factoring firms in Europe seeking a robust, integrated ERP solution for invoice management and financing operations.
Pricing
Custom pricing via quote; typically starts at €5,000+ annually for base modules, scaling with users and customizations (on-premise licensing).
Taulia
enterpriseSupply chain finance platform facilitating early invoice payments via dynamic discounting and factoring.
Dynamic discounting engine that intelligently matches buyers and suppliers for automated, optimal early payment terms
Taulia is a supply chain finance platform specializing in invoice financing and dynamic discounting, allowing buyers to offer early payments to suppliers at a discount. It automates invoice processing, approvals, and financing based on the buyer's creditworthiness, enabling suppliers to access immediate cash flow. Primarily designed for enterprises, it integrates with ERP systems like SAP and Oracle to streamline working capital management across global supply chains.
Pros
- Seamless integrations with major ERPs like SAP, Coupa, and Oracle
- Global multi-currency and multi-language support for international operations
- Advanced analytics for optimizing working capital and supplier financing programs
Cons
- Complex setup and steep learning curve for non-enterprise users
- Custom enterprise pricing lacks transparency and affordability for SMBs
- Primarily buyer-centric, limiting standalone use for independent factoring by suppliers
Best For
Large enterprises with extensive supplier networks seeking to implement scalable supply chain finance programs.
Pricing
Custom enterprise pricing based on transaction volume and program scale; contact sales for quotes, no public tiers.
C2FO
enterpriseGlobal marketplace connecting suppliers with buyers and financiers for optimized invoice funding.
Dynamic auction-based marketplace where investors and buyers bid to offer the lowest discount rates for early payments.
C2FO is a supply chain finance platform that connects suppliers with buyers and investors to enable early invoice payments through dynamic discounting. Suppliers upload approved invoices and receive competitive offers for immediate cash at a discount rate they select from a marketplace. It provides liquidity without traditional factoring's recourse risks, integrating seamlessly with ERP systems for enterprise-scale operations.
Pros
- Competitive marketplace rates often lower than traditional factoring
- No recourse or debt on balance sheet
- Strong ERP integrations and global scalability
Cons
- Limited to approved invoices from participating large buyers
- Enterprise-focused with potential onboarding complexity for smaller users
- No support for unapproved or B2C invoices
Best For
Suppliers to large corporations needing flexible, low-cost early payments on verified invoices.
Pricing
No upfront or subscription fees; costs are variable discount rates (typically 0.5%-2%) chosen by suppliers from competitive bids.
Resolve Pay
enterpriseB2B financing platform offering invoice-based credit lines and factoring for net terms payments.
AI-driven instant underwriting for same-day 100% invoice advances without manual reviews
Resolve Pay is an AI-powered invoice factoring platform designed for B2B businesses to unlock instant cash from unpaid invoices. It advances up to 100% of invoice value within hours, handles collections on a non-recourse basis, and integrates with tools like QuickBooks, NetSuite, and Xero. Ideal for service-based companies and SaaS providers needing rapid cash flow without debt or equity dilution.
Pros
- Instant approvals and funding via AI underwriting
- Non-recourse factoring with no personal guarantees
- Seamless integrations with major accounting software
Cons
- Strict invoice eligibility criteria (e.g., B2B only, min $500)
- Factoring fees (1.5-4%) can accumulate for high-volume users
- Limited to US-based businesses and certain industries
Best For
Growing B2B SaaS, agencies, and service providers with reliable enterprise clients facing cash flow gaps from net-60+ terms.
Pricing
Pay-per-use model with factoring fees of 1.5-4% per invoice based on risk, term length, and volume; no subscriptions or minimums.
Billtrust
enterpriseAR automation software with e-invoicing and financing integrations to speed up receivables.
Billtrust Capital's non-recourse invoice factoring with funding in as little as 24 hours through a vast network of buyers.
Billtrust is a comprehensive B2B accounts receivable automation platform that streamlines invoicing, payments, cash application, and collections. It includes invoice factoring capabilities through Billtrust Capital, enabling businesses to convert unpaid invoices into immediate cash with non-recourse financing options. The software integrates deeply with ERP systems like SAP and Oracle, providing analytics and automation to optimize working capital management.
Pros
- Extensive ERP integrations for seamless data flow
- Robust invoice factoring with quick funding via Billtrust Capital
- Advanced AR analytics and automation tools
Cons
- High cost suitable mainly for mid-market and enterprise
- Complex setup and implementation process
- Pricing lacks transparency without a custom quote
Best For
Mid-sized B2B companies needing integrated AR automation alongside reliable invoice factoring.
Pricing
Custom quote-based pricing; software starts around $1,000/month for mid-tier plans, plus 1-3% factoring fees on financed invoices.
Conclusion
The reviewed tools cater to a range of needs, from small businesses seeking quick funding to specialized industries like freight, with BlueVine emerging as the top choice for its flexible limits and no long-term contracts. Fundbox stands out for AI-powered instant advances without credit checks, while TriumphPay excels as a tailored solution for freight brokers and carriers.
Don’t let slow invoice payments hold back your growth—explore BlueVine today to access fast, reliable funding and take control of your cash flow.
Tools Reviewed
All tools were independently evaluated for this comparison