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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.
What does partial factoring mean?
Invoicing
•
Factoring
Rather than automatically factoring all of your invoices immediately, your funds are available for you to spend on-demand.
What does factorable balance mean?
Invoicing
•
Factoring
Your factorable balance is your balance of approved unpaid invoices that is available to factor for rates as low as 1.0%.
What do the status' draft, awaiting payment, and paid mean?
Invoicing
•
Invoice management
These are the status stages of the invoice.
Getting started
Joining Outgo
Rates and Fees
Invoicing
Broker verification
Factoring
Invoice management
Outgo Account
My Account
Banking
Transfers
Outgo Card
Transactions

Invoice management

What do the status' draft, awaiting payment, and paid mean?

These are the status stages of the invoice.