What is my factoring limit?

Your factoring limit is determined by your business size, age and history. It is the total amount you're permitted to factor from your unpaid invoices at a given time.

Your factoring limit is the total amount you’re permitted to factor from your unpaid invoices at a given time. Your limit is based on your unique business information such as your business size, age, and history.

We may be willing to re-evaluate your factoring limit If there have been changes to your business. You can connect with the Outgo team about this at underwriting@outgo.com.

What happens if I’m over my factoring limit?

If you reach your factoring limit, funds from your approved unpaid invoices will not be added to your factorable balance until we receive payment for one of your outstanding unpaid invoices.

Once we receive payment from a broker, funds from your approved invoices will become automatically factorable within your limit.

What is broker factoring concentration?What does factorable balance mean?