How can we help?

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What happens to an invoice if the broker is not approved?
Invoicing
•
Broker verification
If a broker isn’t approved, we’ll still invoice on your behalf.
When would Outgo not approve a broker?
Invoicing
•
Broker verification
If a broker isn’t approved, it generally means they have a lower credit score.
What platform is Outgo on?
Outgo Account
•
My Account
What does spending power mean?
Outgo Account
•
My Account
Your spending power is the total money available for you to spend across your checking and factorable balances.
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 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?

With Outgo, you factor on-demand, so you can choose when and how you factor.