How can we help?

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How fast can I begin factoring with Outgo?
Getting started
•
Joining Outgo
We can get you setup with an account within a few hours!
How do I wire transfer funds to an external account?
Banking
•
Transfers
You can wire transfer money out of your Outgo account to an external bank account in the Outgo iOS, Android, and web application
How does Outgo offer such low rates?
Getting started
•
Rates and Fees
Our products are built with new technology that helps us save you money in places traditional factoring companies can’t. 
How do I transfer factor money from my factorable balance to my checking account?
Banking
•
Transfers
Transfer money from your factorable balance to your checking account on the web or in the Outgo app.
Getting started
Joining Outgo
Rates and Fees
Invoicing
Broker verification
Factoring
Invoice management
Outgo Account
My Account
Banking
Transfers
Outgo Card
Transactions

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.