Submit an invoice and
get paid within 24 hours.
We’ll take care of the rest.

We’ll sort out the paperwork and handle the invoice and collections process with no hidden fees.

Invoice Funding, or factoring, releases funds tied up in unpaid invoices, improving cash flow which increases working capital and positions business operations for continued growth.

Do any of these situations sound familiar?

Long payment cycles

Instead of waiting 30/60/90+ days for customers to pay, Kompass Funding will purchase your invoices for immediate funds and working capital.

Don’t qualify for traditional financing

Invoice funding with Kompass is quicker and easier than with financial institutions, and you won’t pay interest on the money received.
Benefits include:
• Easier application process
• The speed at which you will receive funds
• Qualification based on your clients' financial credibility

Business growth lagging due to low cash flow

Invoice funding converts your invoices into immediate funds so you can pay rent and utilities, hire more workers, and fuel your project pipeline.

Seasonal fluctuation

Sales seasons fluctuate and unpredictable payment cycles are often a result. As sales spike and dip at different times of the year, Kompass Funding can help regulate your cash flow so that you’re prepared to meet the demands of any given cycle.

Frequent payment schedule

For industries that support weekly payroll, invoice funding allows you to worry less about paying employees or contractors on time due to delayed payments from clients.

Industries We’re Working With


Trucking & Transportation



Fiber Optics

Small Business Owners




Food & Beverage


Comprehensive Accounts Receivable Management

As your invoice funding partner, we’ll add an extra layer of protection.

Our factoring program provides comprehensive accounts receivable management. In addition to converting invoices into working capital, you’ll receive auditing, crediting and collections services. 

Kompass Funding can quickly obtain commercial credit ratings, easing your business decisions based on a potential customer’s credit rating and how much risk you are willing to absorb if you are to enter into a business agreement.

It’s also worth noting that companies who are interested in doing business with you may also check your commercial credit rating to assess their risk. 

Invoice Funding FAQ’s

How can invoice funding help my business?

  1. Immediate funds for use
  2. Save time and effort following up on payments
  3. Zero debt inquired and no capital requirements
  4. Provides more money and time to allow you to focus on growing your business

How does it work?

  1. Fill out our online application
  2. Kompass Funding will review your application and eligible invoices
  3. A proposal agreement will be sent to you to be signed
  4. Your client account will be set up by Kompass Funding
  5. Begin submitting invoices and receiving funds

How long does this process take?

Accounts can be set up in as little as a few days dependent upon business information provided.

How quickly can I be paid?

Once an invoice is submitted, funds will be sent in as little as 24 hours.

What if I also have accounts payable I would like to fund?

The beauty of Kompass Funding is that we don’t only offer one service.  If you are interested in accounts payable funding and management, we also offer our Supplier QuickPay program.

How can I track my invoices and payments?

Through Kompass Funding’s client portal.

If I have other outstanding invoices, am I able to be paid on those as well?

If you are currently working with another factor, we can pay off outstanding invoices and transfer all incoming invoices to Kompass Funding.

How much does it cost?

Fees are based on a 15-30 day pay cycle, however pricing can be customized to your situation.

What is the difference between recourse and non-recourse funding?

For recourse funding, the credit risk of the customer stays with the client, whereas for non-recourse funding, Kompass Funding incurs the risk.

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