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What does spending power mean?

Your spending power is the total money available for you to spend across your checking and factorable balances.

Checking balance

Your business’s checking account with Outgo is where the money you factor and the paid invoices are deposited.

Factorable balance

Your factorable balance is the balance of unpaid invoices that are approved and available to factor. Use your Outgo Card to save on every purchase.

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