Get a buyout from Outgo

Upgrade your factoring by switching to Outgo.

Rates as low as 1.0%

No annual contracts

Non-recourse

Instant access to funds

No reserves

Transparent pricing

Start my buyout Learn more

Meet your Buyout Specialists

You’ve got questions, we’ve got answers, great rates, and anything else you need.

How it works

Meet with your Buyout Specialist

Connect with a member of our team.

Review your contract

Your Buyout Specialist will explain the terms of your contract and next steps to switch.

Get your rate

Just apply to Outgo while your Buyout Specialist gets your aging report.

Break up with your factor

Outgo will send a buyout agreement for all parties to sign.

Start factoring with Outgo

Enjoy your new great rate, automated invoicing, instant access to funds, and more.

How buyout pricing works

01

Outgo pays to end your contract

You can start factoring once Outgo buys the outstanding invoices from your prior factoring company and pays any breakup fees, if applicable.

02

Repay buyout costs

The cost of us covering any breakup fees with your prior factor will be pulled from your first invoice(s).

03

Enjoy your new Outgo rate

You can now benefit from your new Outgo rate and begin saving more of your hard-earned money.

How does Outgo compare? Find out for yourself.

FAQs

What is a buyout?

A way to get out of a factoring contract

This common industry practice enables you to terminate a factoring agreement with the help of a Buyout Specialist so you can switch to a new factor with better rates, tools, funding speeds, and shorter contracts. Outgo will purchase your outstanding invoices from the old factor so you can close that account.

How do I qualify for a buyout?

By meeting our application requirements

Your personal and business information, business standing, aging report, and your current contract will be reviewed to ensure you qualify.

How long would my contract be with an Outgo buyout?

Just until the buyout costs are repaid

Outgo requires just 15 days notice to end a standard factoring partnership. However, due to the costs of a buyout, the contract extends until Outgo has recouped those costs. This usually just takes a couple months, but larger buyouts can sometimes take longer.

How long does it take to break up with my old factor?

Usually 1-2 weeks

It depends on the contract terms with the company you’re being bought out from, but it's typically 1-2 weeks.

Are there any fees associated with brokers?

There are no fees associated with brokers

We don't charge customers for any fees related to a specific brokers, for example some factoring companies charge a Check Processing Fee if the broker pays via Check rather than ACH.