Massachusetts businesses waiting 30-90 days for customer payments often struggle with cash flow gaps that limit their ability to pay suppliers, cover payroll, and invest in growth opportunities. Accounts receivable financing provides immediate access to cash by converting unpaid invoices into working capital, allowing companies to maintain operations without taking on traditional debt.
Several specialized funding companies serve Massachusetts businesses through invoice factoring and accounts receivable financing programs, with options ranging from local Boston-based providers to national platforms offering online applications and fast approval processes. This comparison examines the top providers in the state, their advance rates, fee structures, and specific advantages for different business types and industries.
Resolve Pay advances up to 100% on net terms invoices within one business day for Massachusetts companies. This B2B payment solution eliminates cash flow gaps that hurt business growth.
Massachusetts businesses get immediate capital while their customers continue paying on standard 30, 45, or 60-day payment terms. The process requires no changes to existing customer relationships or payment schedules.
Resolve Pay handles the complete accounts receivable process automatically. The platform manages credit checks, payment processing, and collections tasks that typically consume internal resources.
Massachusetts companies can offer extended payment terms to attract larger customers without waiting months for payment. This competitive advantage helps businesses win more contracts and grow revenue faster.
The service works across industries including manufacturing, distribution, and professional services. Companies maintain their existing customer relationships while accessing working capital immediately after invoice approval.
Resolve Pay's automated AR management system reduces administrative overhead for Massachusetts businesses. The platform integrates with existing accounting systems to streamline invoice processing and payment tracking.
Trust Funding Solutions LLC operates as a Boston-based invoice factoring company serving Massachusetts and nationwide clients. The company specializes in purchasing accounts receivable to provide immediate cash flow solutions for businesses.
Businesses can convert their outstanding invoices into immediate cash without taking on additional debt. This approach helps companies maintain operations while waiting for customer payments.
The factoring process involves Trust Funding Solutions purchasing invoices at a discount. Companies receive cash upfront instead of waiting 30 to 90 days for customer payments.
Trust Funding Solutions works with national companies across various industries. They focus on helping businesses improve cash flow through accounts receivable funding rather than traditional bank loans.
The company offers online applications for businesses ready to start factoring. They typically respond to applications within one business day to expedite the funding process.
Factoring fees and advance amounts vary based on industry type, customer creditworthiness, and payment terms. Some arrangements may include setup fees depending on contract volume and duration.
Scale Funding operates as a specialized accounts receivable financing company serving Massachusetts businesses. The company offers month-to-month financing programs ranging from $50,000 to $7 million.
Their financing structure allows businesses to convert unpaid invoices into immediate working capital. Companies can access funds without taking on traditional debt obligations.
Scale Funding provides Massachusetts accounts receivable financing and invoice factoring programs specifically designed for local businesses. Their flexible payment terms adapt to different business cycles and cash flow needs.
The company focuses on small to mid-sized businesses that need quick access to capital. Businesses can use the funds for payroll, operational expenses, or growth investments.
Their application process typically takes less time than traditional bank loans. Scale Funding evaluates the creditworthiness of the business's customers rather than just the applicant company.
Massachusetts businesses benefit from their local market knowledge and personalized service approach. The company maintains relationships with clients through ongoing support rather than one-time transactions.
Paychex recently launched Paychex Funding Solutions to offer factoring services to small and mid-sized businesses. This service helps companies access capital quickly through invoice factoring.
The platform operates through Paychex subsidiaries Advance Partners and Alterna Capital Solutions. Businesses can receive upfront funding based on their outstanding invoices without waiting for customer payments.
Paychex targets B2B companies that need immediate cash flow for payroll, vendor payments, and business growth. The service provides advance rates of 90% or more on qualified invoices.
Companies must have at least $100,000 in accounts receivable to qualify for the program. The factoring solution includes ongoing access to funding specialists for customized financing options.
Businesses receive full-service support throughout the factoring process. The platform aims to maintain business momentum by providing quick access to working capital when companies need it most.
Commercial Funding provides Massachusetts businesses with multiple financing options to improve cash flow. The company specializes in converting outstanding invoices into immediate working capital.
Their invoice factoring services allow businesses to sell their accounts receivable for quick cash. This eliminates the wait time for customer payments and provides funds within 24-48 hours.
Commercial Funding also offers asset-based loans using existing business assets as collateral. Companies can leverage their inventory, equipment, and real estate to secure revolving lines of credit.
The company serves businesses in various stages, from startups to established companies experiencing rapid growth. They also work with businesses in recovery mode that need alternative financing solutions.
Their debtor-in-possession financing helps companies during restructuring periods. This specialized funding keeps operations running when traditional bank financing is not available.
Commercial Funding assigns dedicated representatives to each client. These specialists evaluate individual business needs and recommend the most suitable financing structure for each situation.
Massachusetts businesses have access to numerous local invoice factoring companies that provide immediate cash flow solutions. These companies purchase outstanding invoices at a discount and collect payment directly from customers.
1st Commercial Credit specializes in Massachusetts invoice factoring and offers prompt approval decisions for accounts receivable. The company focuses on evaluating invoices quickly to help businesses access working capital.
Trust Funding Solutions operates from Boston and purchases accounts receivable throughout Massachusetts and nationwide. They provide smart cash flow solutions designed to support business growth in the right direction.
Riviera Finance maintains a Boston office that delivers receivable-based funding solutions and invoice factoring services to Massachusetts companies. Their financing solutions are tailored to specific cash flow requirements.
Eagle Business Credit serves Massachusetts small businesses with working capital funding solutions. Their factoring services improve cash flow without adding debt to company balance sheets.
Local factoring companies in Massachusetts typically handle invoices with payment terms up to 90 days. They take responsibility for credit decisions and collections, removing this burden from business owners while providing immediate access to funds.
Riviera Finance operates as a nationwide invoice factoring company that serves businesses across multiple states. The company maintains a specific presence in Massachusetts through their Boston invoice factoring services.
The firm specializes in accounts receivable factoring for small and medium-sized businesses. They purchase outstanding invoices from companies and provide immediate cash flow in return.
Riviera Finance offers funding within 24 hours of approval. Their process involves purchasing invoices at a discount and collecting payment directly from the business's customers.
Massachusetts businesses can access their factoring services regardless of industry type. The company evaluates each client's accounts receivable portfolio to determine funding amounts and terms.
Their factoring solutions help businesses avoid waiting 30 to 90 days for customer payments. This immediate access to working capital allows companies to cover operational expenses and pursue growth opportunities without delay.
The company handles credit checks on customers and manages the collection process. This removes the administrative burden from business owners while providing predictable cash flow for daily operations.
BlueVine operates as a fintech company that disrupts traditional invoice factoring with its digital platform. The company uses proprietary algorithms to process funding requests faster than traditional financiers.
The platform allows businesses to convert outstanding invoices into immediate cash flow. BlueVine's online system expedites factor payments compared to conventional factoring companies.
Small businesses can access working capital while waiting for customers to pay their invoices. The service helps bridge cash flow gaps that often challenge growing companies.
BlueVine combines invoice factoring with additional financial services including business banking solutions. Companies can manage multiple financial needs through one provider.
The digital approach reduces paperwork and speeds up the funding process. Businesses receive decisions quickly through BlueVine's automated underwriting system.
However, Massachusetts businesses seeking comprehensive accounts receivable solutions may find more specialized options available. BlueVine focuses primarily on factoring rather than full AR management.
Growing businesses benefit from BlueVine's technology-driven approach to invoice financing. The platform serves companies that need quick access to working capital tied up in unpaid invoices.
Fundbox provides businesses with quick access to working capital through invoice financing and lines of credit up to $150,000. The platform connects directly to accounting software to streamline the funding process.
The company offers invoice financing solutions that advance payments on outstanding invoices without lengthy approval processes. Businesses can select which unpaid invoices they want to advance and receive funds automatically in their bank account.
Fundbox operates with a transparent fee structure that eliminates hidden costs. Companies repay advances over 12 or 24 weeks as customers pay their invoices.
The platform caters to businesses with limited credit history or poor credit scores. No phone calls or extensive paperwork are required during the application process.
Fundbox integrates with popular accounting software to analyze invoice data and determine funding eligibility. This integration allows for faster decision-making and fund distribution compared to traditional lenders.
The service works best for businesses that regularly invoice customers and need immediate cash flow to cover operational expenses. Companies can access funds within one business day after approval.
altLINE operates as a division of The Southern Bank Company and focuses on helping small and medium-sized businesses access working capital. The company partners with lenders nationwide to provide invoice factoring and accounts receivable financing to businesses that need immediate cash flow.
Businesses can sell their unpaid invoices to altLINE for a fee instead of waiting for customers to pay. This service gives companies access to cash when they need it most for operations and growth.
altLINE requires businesses to have at least $100,000 in outstanding accounts receivable or invoices to qualify for their factoring services. The company offers advance rates of 100% minus their fees.
The factoring company serves B2B businesses across various industries throughout Massachusetts and other states. Being backed by a community bank founded in 1936 provides additional stability for businesses considering their services.
altLINE also offers accounts receivable financing and asset-based lines of credit for businesses with steady borrowing needs beyond traditional invoice factoring.
Massachusetts businesses can access multiple funding options through their unpaid invoices, with specific state regulations governing the approval process and lender requirements. The application process typically involves credit checks on both the business and its customers, while state laws protect businesses through disclosure requirements.
Most Massachusetts businesses qualify for accounts receivable financing if they have commercial customers with good credit. Lenders typically require:
Basic Requirements:
The application process takes 24-48 hours for most lenders. Businesses submit financial statements, customer lists, and sample invoices.
Credit Evaluation Process:
Lenders focus more on customer creditworthiness than the applicant's credit score. Manufacturing, staffing, and distribution companies often receive the best rates due to their reliable customer bases.
Approval rates exceed 80% for businesses meeting basic criteria. Invoice factoring companies in Boston typically advance 70-90% of invoice value within one business day.
Massachusetts follows the Uniform Commercial Code for accounts receivable transactions. Businesses must understand their rights and obligations under state law.
Required Disclosures:
UCC Filing Requirements: Lenders must file UCC-1 statements with the Massachusetts Secretary of State. This creates a public record of the financing arrangement and protects the lender's interest in the receivables.
Consumer Protection Laws: Massachusetts consumer protection statutes apply to factoring agreements. Lenders must provide clear terms and cannot engage in deceptive practices.
Tax Implications: Factoring is not considered debt, so businesses avoid adding liabilities to their balance sheets. However, factoring fees are deductible business expenses under Massachusetts tax law.
Businesses retain the right to approve which invoices to factor and can typically terminate agreements with 30-60 days notice.
Resolve Pay delivers fast funding with same-day approvals and flexible payment terms while managing credit risk through comprehensive customer screening and dedicated support teams.
Resolve Pay processes funding applications within hours rather than days. Businesses receive approval decisions on the same day they submit their invoices.
The platform provides instant credit decisions for customers up to $25,000. This eliminates waiting periods that slow down sales cycles.
Flexible Payment Terms Available:
Companies can offer extended payment options to customers without affecting their cash flow. This accounts receivable financing approach helps businesses close more deals.
The funding process integrates directly with existing accounting systems. Businesses avoid manual data entry and reduce processing errors.
Resolve Pay offers revolving credit lines that grow with sales volume. Companies access larger funding amounts as their business expands.
Resolve Pay assumes full credit risk on approved invoices. Businesses receive 100% protection against customer defaults and late payments.
The platform conducts thorough credit checks on all customers before approval. This includes analyzing payment history, financial statements, and industry risk factors.
Credit Protection Features:
Dedicated account managers provide ongoing support throughout the funding process. Businesses receive direct phone and email access to their assigned representatives.
The support team helps with choosing accounts receivable financing options that match specific business needs. They analyze cash flow patterns and recommend optimal funding structures.
Customer service operates during extended business hours across multiple time zones. Massachusetts businesses receive support when they need it most.
Business owners considering accounts receivable financing in Massachusetts often have questions about rates, qualification requirements, and processing timeframes. Factoring companies provide fast working capital by purchasing unpaid invoices at a discount.
Businesses begin by submitting their application along with recent financial statements and sample invoices. Resolve Pay reviews the company's accounts receivable portfolio and customer creditworthiness.
The approval process includes verification of invoice authenticity and customer payment histories. Once approved, businesses receive their funding agreement outlining terms and advance rates.
After signing, companies can immediately begin submitting eligible invoices for funding. The entire setup typically takes 24 to 48 hours for qualified applicants.
Companies with limited credit history can still qualify since receivables financing focuses primarily on customer creditworthiness rather than the business owner's credit score. Resolve Pay evaluates the payment reliability of the company's customers.
Startups and newer businesses often find approval easier compared to traditional bank loans. The strength of their customer base matters more than their business credit history.
However, businesses must demonstrate consistent invoicing patterns and maintain professional customer relationships. Clean invoice documentation also improves approval chances.
Factoring rates typically range from 1% to 5% per month depending on invoice volume and customer credit quality. Higher volume accounts generally receive better pricing structures.
Additional fees may include application processing, credit checks on customers, and monthly account maintenance charges. Wire transfer fees apply when businesses request same-day funding.
Resolve Pay provides transparent pricing without hidden costs upfront. Companies pay only for the invoices they factor rather than maintaining minimum volume requirements.
Resolve Pay offers both recourse and non-notification factoring options to protect client relationships. Non-notification factoring allows businesses to maintain direct customer communication.
All customer data receives encrypted protection through secure servers and restricted access protocols. Staff members sign confidentiality agreements regarding client information.
Payment processing occurs through established banking relationships with proper documentation trails. Businesses retain control over customer service interactions when requested.
Approved invoices receive funding within 24 hours of submission for established accounts. New clients may experience slightly longer processing times during their first transaction.
Same-day funding is available for urgent cash flow needs with expedited processing fees. Standard ACH transfers typically complete within one business day.
Emergency funding requests can be processed within hours during business days. Weekend and holiday processing may extend timeframes by one additional business day.
Resolve Pay works with companies across manufacturing, distribution, staffing, and professional services industries. They prefer businesses with B2B customer relationships rather than consumer-focused companies.
Minimum monthly invoice volumes typically start at $50,000 for cost-effective processing. Companies with consistent monthly billing cycles receive priority consideration.
Seasonal businesses can qualify if they demonstrate predictable cash flow patterns during peak periods. Industries with extended payment terms often benefit most from receivables financing solutions.
This post is to be used for informational purposes only and does not constitute formal legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Resolve assumes no liability for actions taken in reliance upon the information contained herein.