Does your Cheshire business need cash before customers pay their invoices? Invoice factoring converts outstanding receivables into immediate working capital, letting you cover payroll, inventory, and overhead without waiting 30, 60, or 90 days.
Invoice factoring
Invoice factoring sells your unpaid B2B or B2G invoices to a third-party funder at a discount. The funder advances 70 to 90 percent of the invoice value upfront, then collects payment directly from your customer. Once the customer pays, you receive the balance minus the factoring fee. Because approval hinges on your customers' creditworthiness rather than your own business credit or collateral, factoring works for startups, turnarounds, and companies that cannot qualify for traditional financing. Thrush Commercial Capital reviews your receivables aging, customer payment history, and invoice quality to connect you with funders whose underwriting fits your profile.
Invoice factoring
Cheshire sits along Route 10 and Interstate 691, home to manufacturers, distributors, and service contractors who invoice commercial clients on net-30 or longer terms. A precision machining shop near the Cheshire Industrial Park may ship parts to aerospace primes and wait 60 days for payment, yet still owe suppliers and machinists every two weeks. Factoring bridges that gap without adding debt to the balance sheet. Our broker model means we shop your scenario across multiple factoring companies to find terms that align with your invoice volume, customer concentration, and industry.
Invoice factoring
We start by auditing your accounts-receivable ledger and customer list. Clean invoices tied to creditworthy commercial or government buyers improve advance rates and lower fees. We then present your file to funders who specialize in your sector, whether that is manufacturing along the Route 10 corridor or service contractors working municipal accounts in New Haven County. Because we are a broker, not a lender, we explain exactly what underwriters require: verified invoices, no liens against receivables, and customers with a track record of timely payment. For more context on how factoring compares to other cash-flow tools, visit our main invoice factoring page or explore financing options across Cheshire and the broader Waterbury region.
146 Highland Ave, Waterbury, CT 06708, Waterbury, CT (475) 366-0904
Common questions
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