Best Invoice Factoring Companies for Metal Fabrication

Metal fabrication shops face a unique cash flow challenge: substantial upfront costs for raw materials and skilled labor, while customers often delay payment for 60-90 days or longer. This gap can severely constrain growth and operational capacity. With the global factoring market valued at over $390 billion in 2023 and continuing to grow, metal fabricators have options to bridge this gap. However, not all factoring companies understand the specialized needs of metalworking businesses—large invoice amounts, project-based work, and the volatility of raw material costs. For fabricators seeking modern alternatives that streamline the entire credit-to-cash process while offering net terms to customers, Resolve's B2B Net Terms platform provides a comprehensive solution that goes beyond traditional factoring.

Key Takeaways

• Metal fabricators need factoring solutions that handle large invoice amounts, offer high advance rates, and understand project-based cash flow cycles
• Non-recourse financing options eliminate credit risk for fabricators extending terms on large custom orders
• Modern alternatives to factoring like Resolve provide embedded credit expertise, automated AR workflows, and net terms offerings without third-party involvement
• Technology integration capabilities are crucial for seamless operations with ERP systems like QuickBooks, SAP, and manufacturing-specific platforms
• Flexible contract terms accommodate the seasonal and project-based nature of metal fabrication work
• Purchase order financing complements invoice factoring for securing raw materials before project commencement

1. Resolve Pay – Modern Alternative to Traditional Factoring

Resolve Pay reimagines the traditional factoring model by providing metal fabricators with a comprehensive platform that combines embedded credit expertise, automated accounts receivable, and net payment terms—all without the complexity and fees of traditional factoring. Instead of selling invoices to a third party, Resolve enables fabricators to offer net terms directly to their customers while receiving immediate payment.

Best For

Metal fabricators seeking a modern, integrated solution that replaces traditional factoring fees with transparent financing/flat-fee pricing while offering net terms to customers and automating the entire credit-to-cash process.

Key Features

• Non-recourse financing that eliminates credit risk for the fabricator
• Advance of up to 90-100% of invoice value within 24 hours on approved invoices
• Embedded credit checking requiring only customer name and address
• AI-powered Accounts Receivable Automation for streamlined collections
• White-label payment portal accepting ACH, credit card, wire, and check
• Seamless integration with QuickBooks, Shopify, and other platforms
• Proprietary AI models evaluating thousands of buyer data points for dynamic credit decisions
• Automated payment reminders and professional collections management

Metal Fabrication Relevance

Resolve addresses the core challenges of metal fabrication businesses: the need for immediate working capital while maintaining customer relationships through flexible payment terms. By offering net 30/60/90 terms directly to customers, fabricators can increase sales and customer loyalty without waiting for payment or paying traditional factoring fees.

The platform handles the entire credit assessment, underwriting, and collections process—freeing fabricators to focus on production rather than administrative tasks. This is particularly valuable for shops without dedicated credit or collections personnel. For metal fabricators who regularly purchase expensive raw materials like steel, aluminum, and specialty alloys, receiving up to 90-100% of invoice value immediately rather than waiting 60-90 days can be transformative.

Resolve's non-recourse structure ensures that what you receive is always yours to keep, eliminating the risk associated with traditional factoring. When extending credit on large custom orders, the risk of customer default can be financially devastating. Resolve's non-recourse option transfers this risk, allowing fabricators to pursue larger projects with confidence.

The platform's seamless integration capabilities with leading ERP and accounting platforms including QuickBooks, Oracle, NetSuite, Sage Intacct, and e-commerce platforms like Shopify, BigCommerce, and Magento ensure that all transactions are automatically synced and reconciled. This eliminates manual data entry and reduces errors in financial records—a significant advantage for fabrication shops of all sizes.

Customer Validation

Resolve's approach has helped businesses like Elston Materials, a concrete supplier with similar cash flow challenges to metal fabricators, achieve significant sales growth while maintaining healthy cash flow. The AI-powered underwriting provides instant credit approvals compared to the multi-day processes typical of traditional methods, enabling metal fabricators to respond quickly to customer orders.

2. FundThrough

FundThrough offers a 100% advance rate on eligible invoices and eliminates long-term contracts, allowing fabricators to factor invoices only when needed without commitment. As a fintech platform, FundThrough provides same-day funding with AI-powered processing.

Metal fabricators seeking maximum upfront capital with flexible, no-contract terms and technology-driven speed.

Key Features

• 100% advance rate on eligible invoices
• No long-term contracts or minimum volume requirements
• Same-day funding with AI-powered processing
• QuickBooks and OpenInvoice integration for seamless accounting
• Competitive rates starting around 2.2% per 30 days

For metal fabricators who regularly purchase expensive raw materials, receiving full invoice value immediately rather than waiting 60-90 days can support operations. The no-contract model accommodates shops with seasonal fluctuations or project-based work, allowing them to access capital precisely when needed without ongoing fees. The platform's integration with QuickBooks ensures that financial records remain accurate without manual reconciliation.

3. Porter Capital

Porter Capital combines competitive pricing with manufacturing industry knowledge. Founded in 1991 and headquartered in Birmingham, Alabama, Porter has experience serving the manufacturing sector with rates starting around 0.40% and a 95% advance rate.

Metal fabricators prioritizing low factoring rates while maintaining personal service and manufacturing industry expertise.

Key Features

• Rates starting around 0.40%
• 95% advance rate on approved invoices
• Dedicated human account managers
• Non-recourse factoring on credit-approved debtors

Metal fabrication is a capital-intensive business with tight margins. Porter Capital's personal account management approach handles complex fabrication invoices—often with multiple line items, change orders, and project-specific terms—without the errors that can occur with fully automated systems. Their non-recourse option provides protection when extending large credit terms to new customers or taking on significant custom fabrication projects.

4. Universal Funding

Universal Funding delivers a combination of competitive rates starting around 0.55%, advance rates of approximately 95%, and manufacturing industry focus. The company typically offers funding within 24–48 hours after approval and invoice verification.

Growing metal fabrication businesses seeking competitive rates, high advance percentages, and rapid funding.

Key Features

• Rates starting around 0.55%
• Approximately 95% advance rate with rapid funding
• Purchase order financing available for raw material procurement
• Online portal for invoice management

Universal Funding's purchase order financing capability is valuable for metal fabricators who need to secure expensive raw materials before beginning work on custom projects. This complementary service ensures that shops can accept large orders without straining their existing capital. The rapid funding window addresses urgent cash needs that frequently arise in fabrication shops—whether for payroll, equipment maintenance, or unexpected material price increases.

5. 1st Commercial Credit

1st Commercial Credit offers advance rates of approximately 97% combined with competitive rates and no minimum funding requirements. The company provides setup in approximately 3-5 days with 24-hour funding thereafter.

Metal fabricators seek high advance rates with flexible terms and no minimum volume commitments.

Key Features

• Approximately 97% advance rate
• Competitive rate ranges
• No minimum funding volume requirements
• Purchase order and supply chain financing available
• Setup in approximately 3-5 days with 24-hour funding

For smaller metal fabrication shops that can't commit to minimum monthly factoring volumes, 1st Commercial Credit's no-minimum policy provides flexibility. High advance rates ensure that shops retain maximum working capital from each invoice, which is crucial when managing the costs of fabrication equipment, skilled labor, and raw materials. Their purchase order financing capability complements invoice factoring by enabling shops to secure materials for new projects before customer payment is received.

6. Riviera Finance

Riviera Finance offers non-recourse factoring options and in-person service at multiple North American offices. With decades of industry experience, Riviera provides approximately 95% advance rates and 24-hour funding.

Metal fabricators prioritizing non-recourse protection and personal service for complex or high-value fabrication projects.

Key Features

• Non-recourse factoring to protect against customer defaults
• Approximately 95% advance rate with 24-hour funding
• In-person service at multiple North American offices
• Long-standing industry experience

Metal fabrication often involves significant custom work with substantial upfront costs. When extending credit on large custom orders, the risk of customer default can be significant. Riviera's non-recourse option transfers this risk, allowing fabricators to pursue larger projects. The availability of in-person service is valuable for complex fabrication businesses that may need to discuss specific project details, unusual payment terms, or customer-specific credit concerns.

7. Triumph Business Capital

Triumph Business Capital offers 100% advance rates with no long-term contracts required. Originally focused on transportation, Triumph has expanded to serve manufacturing businesses with same-day funding and flexible terms.

Metal fabricators needing maximum advance rates with complete contract flexibility and no minimum requirements.

Key Features

• 100% advance rate with no reserves held back
• No long-term contracts required
• Same-day funding capability
• No minimum invoice requirements

The combination of full advances and no-contract terms is valuable for metal fabricators whose cash flow needs fluctuate with project cycles. Shops can factor invoices during busy periods without committing to ongoing fees during slower times. The lack of minimum invoice requirements accommodates shops that may have both large custom projects and smaller maintenance or repair work, ensuring all receivables can be leveraged for working capital.

8. eCapital

eCapital leverages AI technology to provide 24/7 invoice processing and same-day funding with advance rates typically in the 70%–95% range, and up to 100% in select cases. The company has the capacity to factor significant amounts, serving both small fabrication shops and larger manufacturing operations.

Tech-savvy metal fabricators seeking rapid, automated funding with high capacity limits for growing operations.

Key Features

• AI-powered platform processing requests 24/7
• High funding capacity
• Both recourse and non-recourse options available
• Fast onboarding and funding

eCapital's 24/7 AI processing is valuable for metal fabricators who may need to submit invoices outside normal business hours or require urgent weekend funding for time-sensitive material purchases or payroll. Their technology platform reduces manual processes and potential errors, ensuring that complex fabrication invoices with multiple line items and project-specific terms are processed accurately and efficiently.

Why Metal Fabricators Are Choosing Resolve Pay

As the metal fabrication industry continues to evolve with increasing competition and customer expectations for flexible payment terms, having a financing solution that enhances rather than complicates customer relationships becomes increasingly valuable. Traditional factoring companies provide proven models with varying combinations of advance rates, fees, and service approaches. However, modern alternatives like Resolve Pay offer a fundamentally different approach that may better align with the strategic goals of forward-thinking metal fabricators.

Instead of selling invoices to a third party that contacts your customers, Resolve enables you to offer net terms directly through your own branded portal—enhancing your relationships while protecting your cash flow. This embedded approach combines credit expertise, payment processing, and AR automation into a single platform, eliminating the need to coordinate with external factoring companies.

For metal fabricators looking to grow their business by offering flexible payment terms while maintaining healthy cash flow, Resolve's Net Terms Management solution provides a comprehensive alternative to traditional factoring. The platform's non-recourse structure ensures that your advanced payments are always yours to keep, while their credit expertise—developed by professionals with experience from leading technology and financial companies—provides deeper insights than traditional credit bureaus.

Whether you choose a traditional factoring partner or a modern embedded solution like Resolve, the right choice is the one that aligns with your business model, customer needs, and growth objectives. Resolve Pay's approach specifically addresses the needs of metal fabricators who want to compete on service and terms while maintaining the cash flow necessary to invest in materials, equipment, and skilled labor.

Frequently Asked Questions

What is the difference between traditional invoice factoring and Resolve's solution for metal fabrication?

Traditional invoice factoring involves selling your invoices to a third-party company at a discount, which then collects payment directly from your customers—often notifying them of the arrangement. Resolve provides a modern alternative where you maintain direct customer relationships by offering net terms through your own branded portal, while Resolve advances up to 90-100% of the invoice value within 24 hours. Resolve handles credit assessment and collections behind the scenes without disrupting your customer relationships.

How quickly can a metal fabricator receive payment for their invoices with Resolve?

Resolve advances up to 90-100% of invoice value within 24 hours of approval. The credit assessment process requires only your customer's business name and address, with results typically delivered within 24 business hours. This rapid timeline addresses the urgent cash flow needs common in metal fabrication, where raw material purchases and payroll obligations can't wait for traditional 60-90 day payment cycles.

Does Resolve handle all aspects of credit checks and collections for my customers?

Yes, Resolve manages the entire credit lifecycle including credit approval, underwriting, and collections process. Their proprietary AI models evaluate thousands of buyer data points to generate dynamic credit decisions, while their collections team handles payment reminders and follow-up as needed. This allows metal fabricators to offer net terms while protecting their cash flow and reducing administrative burden.

Can Resolve integrate with my existing accounting and ERP systems?

Resolve offers seamless integration with leading ERP and accounting platforms including QuickBooks, Oracle, NetSuite, Sage Intacct, and e-commerce platforms like Shopify, BigCommerce, and Magento. These integrations ensure that all transactions are automatically synced and reconciled, eliminating manual data entry and reducing errors in your financial records.

Is Resolve's financing solution a recourse or non-recourse?

Resolve provides non-recourse financing, meaning that all cash advances are yours to keep regardless of whether your customer ultimately pays. Resolve assumes the credit risk of late payments or defaults, making their solution risk-free to you as the seller. This protection is particularly valuable for metal fabricators extending credit on large custom orders where customer default could be financially devastating.

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.