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Getting started

Broker verification

Invoice management

Factoring

What is broker factoring concentration?

Broker factoring concentration is a way to protect your business from overexposure and reliance on singular brokers. We always recommend you work with a diverse range of brokers. Relying primarily on a single broker increases your exposure to risk.

What is my factoring limit?

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.

Where can I see my factoring fees?

You can see your factoring fees on the Outgo app or website.

What does partial factoring mean?

Rather than automatically factoring all of your invoices immediately, your funds are available for you to spend on-demand.

What does factorable balance mean?

Your factorable balance is your balance of approved unpaid invoices that is available to factor for rates as low as 1.0%.

How soon will funds be deposited into my account?

65% of our invoices are funded within 90 minutes.

How do I lower my factoring rate to 1.0%?

With Outgo, you factor on-demand and based on how and when you factor you can drop your rate to 1.0%.

How do I submit load documents?

You can upload your load documents via the Outgo App.

Do I have to factor every invoice?

All approved invoices are factorable and are available to factor from your factorable balance.