Turn eligible Canadian invoices into working capital.
Canadian invoice financing may let an eligible business access funds against accounts receivable. Advance percentage, fees, recourse, and timing depend on the lender and invoice assessment.
Turn eligible invoices into working capital.
An approved facility may advance part of an eligible invoice, with the balance and fees handled under the lender’s written terms.
Availability, customer notification, recourse, minimums, and contract length vary by lender and receivables profile.
Funding tailored to your business needs
Our invoice financing offers rapid, transparent financing to fuel your strategic goals.
Advance percentage varies
The lender will confirm the advance percentage, fees, reserve, and expected funding timing for eligible invoices.
Invoice and customer assessment
Lenders may review your invoices, customer payment history, contract terms, and your business before approving a facility.
Facility options vary
Some lenders may consider selected invoices or a broader receivables facility. Minimums and availability depend on the offer.
Review the agreement
Contract length, volume commitments, exit terms, fees, and customer notification requirements vary by lender.
A transparent approach to business funding
Your Thrivewell advisor helps you review available funding options. Lender terms, costs, security, and timing are confirmed in the written offer.
Submit an invoice from your portal
Provide the invoice and any requested supporting records. The lender may verify the receivable and customer payment terms.
Start ApplicationReview the proposed advance
If approved, the offer will explain the advance, reserve, fees, and expected funding timing. Amounts are illustrative until confirmed.
See your offersFollow the payment instructions
Depending on the structure, your customer may be asked to pay the lender or continue paying you. The agreement will explain the process.
Talk to an advisorReserve released when paid
When the invoice is paid, any reserve is handled under the lender’s agreement, including fees and any recourse obligations.
Get fundedInvoice Financing
FAQs
Quick answers on rates, structure, and timing. Still have a question? Talk to a specialist.
- It depends on the structure. Some arrangements require customer notification or payment to the lender, while others may not. Confirm this before accepting.
- Fees and how they accrue vary by lender and offer. Review the advance, reserve, fees, timing, and total cost in the written agreement.
- The agreement should explain who bears the risk if the customer does not pay, including any recourse, reserve, dispute, or repurchase obligations.
- Timing depends on the lender, documentation, invoice verification, and customer assessment. Ask for the expected setup timeline for your file.
- Minimum invoice size varies by lender and facility. Your specialist can confirm whether your receivables fit the available options.
Will my customer know I’m using invoice financing?+
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Ready to fund your company's future?
Start your Canadian business funding application online. An advisor will review your needs and explain any available lender offers.