Finance outstanding customer invoices and get your money in as little as 5-10 minutes,¹ instead of waiting 30 days to get paid. (Currently only offered to a limited number of customers.)
Why use Invoice Financing?
Receive funds in as little as 5-10 minutes instead of waiting 30+ days for customers to pay invoices.
Take advances on unpaid invoices up to $100,000 total and pay a fee as low as 1.99% per invoice financed.²
Enjoy a simple, online, application process that won't affect your credit score.
What our customers are saying
Turn existing unpaid invoices into cash
Receive up to $100,000 total from qualifying invoices
Pay a financing fee as low as 1.99% per invoice financed
Access your payments anytime—even nights, weekends, and holidays.Apply online without affecting your credit score
Enjoy easier, faster approval than traditional lines of credit or loans
Easily qualify for credit with your transaction history
Get the money you need, when you need it
Avoid waiting 30+ days for your customers to pay
Manage cash flow more effectively to grow your business
How it works
Select an eligible invoice and apply online in minutes.
If approved, receive funds to your bank account as quickly as 10 minutes.
No interest or additional fees if the invoice or advance is paid within 2 months.²
Frequently asked questions
Invoice Financing has a financing fee up to 4.99% per invoice financed. There are no additional fees or interest if the invoice or advance is paid within the first 2 months of the date you financed the invoice. The exact financing fee will be shown before choosing to finance an invoice. After two months, Interest will begin accruing monthly on each payment due date at up to 20% APR until that financed invoice is paid in full.
Example: If you finance an invoice on March 20, the first automatic payment would start on May 21 (or the next business day if it falls on a weekend or holiday), which will include the monthly interest.
Invoice Financing has a financing fee up to 4.99% per invoice financed. There are no additional fees or interest if the invoice or advance is paid within the first 2 months of the date you financed the invoice. The exact financing fee will be shown before choosing to finance an invoice. After two months, Interest will begin accruing monthly on each payment due date at up to 20% APR until that financed invoice is paid in full.
Example: If you finance an invoice on March 20, the first automatic payment would start on May 21 (or the next business day if it falls on a weekend or holiday), which will include the monthly interest.
You are responsible for paying back the full amount of each financed invoice. We will send you alerts in advance so you can remind your customer to pay, or pay the outstanding amount yourself. Interest will begin accruing monthly on each payment due date at up to 20% APR until the financed invoice is paid in full.
The first payment due date is 2 months + 1 business day from the date you financed the invoice. There are no additional fees or interest if your customer pays their invoice through BILL or you pay the advance in its entirety within 2 months.
If the full amount of the financed invoice isn’t paid within 2 months, then monthly payments will be automatically withdrawn from your bank account to pay off the advance in 11 payments, as outlined in your Invoice Financing Revolving Credit Agreement. If payments are not paid on the payment due date, you may be charged a late fee.
You are responsible for paying back the full amount of each financed invoice. We will send you alerts in advance so you can remind your customer to pay, or pay the outstanding amount yourself. Interest will begin accruing monthly on each payment due date at up to 20% APR until the financed invoice is paid in full.
The first payment due date is 2 months + 1 business day from the date you financed the invoice. There are no additional fees or interest if your customer pays their invoice through BILL or you pay the advance in its entirety within 2 months.
If the full amount of the financed invoice isn’t paid within 2 months, then monthly payments will be automatically withdrawn from your bank account to pay off the advance in 11 payments, as outlined in your Invoice Financing Revolving Credit Agreement. If payments are not paid on the payment due date, you may be charged a late fee.
Currently Invoice Financing is offered to a limited number of customers. Various factors are included in Invoice Financing eligibility, including length of time as a BILL customer, transaction history with BILL, and the customers that are paying your invoices. Because every business is unique, each application is considered separately and decisions are based on current guidelines and applicable laws. If you do not see Invoice Financing on your account, we recommend you check back as the program expands in the future.
Currently Invoice Financing is offered to a limited number of customers. Various factors are included in Invoice Financing eligibility, including length of time as a BILL customer, transaction history with BILL, and the customers that are paying your invoices. Because every business is unique, each application is considered separately and decisions are based on current guidelines and applicable laws. If you do not see Invoice Financing on your account, we recommend you check back as the program expands in the future.
If you see only some of your invoices are eligible, it can be for a number of reasons. The invoice could be below the minimum size ($100), or an invoice could put you above your maximum financing limit for the program, or the invoice timing / due date does not meet eligibility requirements. In addition, multiple aspects of each invoice are considered in order to determine eligibility. These include the number of invoices from the same customer, transaction history on BILL, and even length of time as a BILL customer. These policies may change over time and we recommend you check back in the future.
If you see only some of your invoices are eligible, it can be for a number of reasons. The invoice could be below the minimum size ($100), or an invoice could put you above your maximum financing limit for the program, or the invoice timing / due date does not meet eligibility requirements. In addition, multiple aspects of each invoice are considered in order to determine eligibility. These include the number of invoices from the same customer, transaction history on BILL, and even length of time as a BILL customer. These policies may change over time and we recommend you check back in the future.
You can typically get advance payments against invoices up to $100,000 total (limit may vary by account). You can see your financing limit in your BILL account on the Invoices page.
You can typically get advance payments against invoices up to $100,000 total (limit may vary by account). You can see your financing limit in your BILL account on the Invoices page.
Not at this time. If your invoice is for $4,000, you have to get an advance payment against the full $4,000. If your invoice is over your maximum invoice amount ($100,000), it is not eligible for Invoice Financing.
Not at this time. If your invoice is for $4,000, you have to get an advance payment against the full $4,000. If your invoice is over your maximum invoice amount ($100,000), it is not eligible for Invoice Financing.
2A one-time financing fee of 1.99% to 4.99% applies per invoice. The exact financing fee will be shown before choosing to finance an invoice. Please see FAQs for more details.
BILL Invoice Financing line of credit is issued by WebBank and offered through Bill.com Capital 3, LLC.