invoice factoring for manufacturing
Invoice Factoring for Manufacturing businesses. Built for manufacturing cash flow.
Invoice factoring converts your unpaid B2B receivables into immediate cash. ICG advances 85–95% of the invoice amount on submission, you receive the remainder (less a small factoring cost) when your client pays.
- Max funding
- $2M facility
- Term
- Per-invoice, ongoing facility
- Time to fund
- Same-day after setup
- Min FICO
- 500+
The short answer
Is Factoring the right fit for Manufacturing businesses?
Factor large B2B purchase orders to get 90% of the invoice within 24 hours of shipment.
Last updated 2026-06-24
Why this fit
Common cash-flow gaps in manufacturing. Invoice Factoring maps to the ones below.
These are the underwriting realities and operational pressures we see most often in this industry.
Raw Material Deposits
Suppliers want 30–50% down before the first pallet ships. Meanwhile, your buyer is on net-45. The capital to bridge a PO is the difference between growing and standing still.
Machinery Uptime
An injection mold, CNC, or press that's down is revenue burning. Same-day equipment financing keeps the line running when a 60-day bank process would close the shop.
Scaling for Large Orders
A Walmart or Target PO triples your volume overnight. Working capital to staff the second shift and double raw materials arrives from ICG in 24 hours.
Representative scenario
What a typical manufacturing invoice factoring looks like. Numbers below are illustrative.
Your actual offer depends on your bank statement history, time in business, credit profile, and existing debt.
Rates vary by applicant. Representative example only.
Qualification
What we look for in manufacturing files. Underwriting, in plain language.
- Minimum 1 year operating as a manufacturer
- $25,000+ monthly revenue
- 500+ personal credit score
- Active business bank account showing B2B deposits
Other ICG products for manufacturing
Not the right fit? Here is what else works in your industry.
Revenue-Based Funding
Working capital against production revenue, underwritten from your bank statements, not your credit score.
See for manufacturingEquipment Financing
Finance CNC machines, presses, injection molds, conveyors, and production equipment with the equipment as collateral.
See for manufacturing
Common questions
Invoice Factoring for manufacturing. Honest answers, no fine print games.
QCan I factor a single large PO?
Yes. Spot factoring a single large invoice or PO is available without a full factoring facility, provided the buyer is creditworthy.
QDo you fund contract manufacturers?
Yes. Contract manufacturers with signed master services agreements and recurring customer deposits are ideal factoring + revenue-based funding candidates.
QCan I finance a used CNC?
Yes. Used production equipment is routinely financed when backed by a dealer invoice or appraisal.
QHow much of the invoice do I get upfront?
Advance rates are typically 85–95% of the invoice face value. The exact rate depends on your industry, client credit quality, and invoice aging terms. The reserve is released when your client pays.
QIs this recourse or non-recourse factoring?
Both options are available. Non-recourse factoring is slightly more expensive but ICG absorbs the loss if a qualifying client defaults on payment. Recourse factoring is cheaper but you repurchase unpaid invoices after an aging threshold.
QDo my clients know I'm factoring?
In notification factoring (standard), payments are redirected to a lockbox in ICG's name. Non-notification arrangements are available for established clients on request.
Invoice Factoring for other industries
Where else this works. One product, many verticals.
Ready when you are
Ready to fund your manufacturing business? Same-day after setup to fund.
Quick application. Soft credit pull only. Real human review.