Factor smarter and save thousands

We made factoring smarter so you’re only charged when you spend.

Other factoring companies
3-5% Fixed rates
2 Day funds
Check processing fees
With Outgo Plus
Smart factoring
2 - 1% Decreasing rate
0% Rate on Outgo Card Purchases
Within 4 hours
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Free check processing

What is smart factoring?

Smart factoring use decreasing daily rate or 0% factoring on Outgo Card purchases to save you even more.
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Get a rate that improves every day

Your rates get better the longer you wait to factor, ensuring you the best rate, always.
Based on each unpaid invoice’s due date, your rate decreases daily from 2% to as low as 1%.
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Make purchases with 0% factoring

Add to your savings and lower your overall factoring rate.
Plus customers factor for free on every purchase made using the Outgo Debit Card.
Cards

Calculate your savings with Outgo

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Bucks

Save up to $0 with Outgo

Ready to start saving with Outgo?
Current factoring costs
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Monthly revenue
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Factoring rate
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1 - 2% Decreasing
Annual factoring cost
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Annual savings
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FAQs

How can I get smart factoring?
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Select our Plus plan
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When you join Outgo, you get to select between the Base plan and Plus plan. Our Plus plan features Smart Factoring to help you save more.

What does decreasing rate mean?
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The older an invoice, the lower the rate
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For Plus users, the closer you are to the due date of an Unpaid Invoice, the less you pay to factor cash from it.

Your factoring rates are daily, rather than a traditional monthly rate factoring companies typically charge. This means your rate lowers the closer you are to the due date of an Unpaid Invoice.
 
Let’s say Invoice A is due in 15 days and Invoice B is due in 30 days. Invoice A’s rate is 1.5% while Invoice B’s rate is 2%. If you make an ACH transfer or wire transfer and your checking account is at $0, we’ll automatically factor from Invoice A, because it has the better rate. If you were to make that purchase on your Outgo Card, we’ll automatically factor from Invoice A – and you won’t be charged a thing.

How does Outgo offer such low rates?
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Our technology
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Our technology is built to help you save money in places traditional factoring companies can’t.

A typical factoring company enforces a 30-day fixed factoring rate, whereas we built delayed factoring into our factoring foundation. This enables us to offer a daily factoring rate instead of the monthly factoring rate that is more common in the industry.

We use interchange on card transactions to offset your cost of factoring. So when you spend your factorable balance on your Outgo card, your rate is 0%.

What Outgo Card transactions qualify for free factoring?
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Purchases
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Any purchase made for your business with the Outgo Card  can be factored at a 0% rate as long as you are an Outgo Plus customer.

Use it on purchases like food and lodging, vehicle maintenance, insurance, loan or lease payments, supplies, and items or services that help you deliver. Outgo Base customers can also factor on card purchases and access funds instantly, at a 1.5% rate.

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Get started with Outgo
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We use these details to contact you.
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Get a tailored experience
This information helps create a tailored recommendation for your business.
Within 4 hours funding qualifications
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Broker is approved for factoring
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Documents are submitted before 3pm EST / 12pm PST
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You’ve previously worked with this broker on the Outgo platform
Within 2 business days
Approved brokers you haven’t worked with previously on the Outgo platform or if a rate verification is required.
If the broker isn’t approved or the invoice isn’t eligible for factoring, funds will be deposited in your Checking account when the invoice is paid by the broker.
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Get a FDIC insured business account with Outgo
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Your Outgo business bank account is FDIC insured through our banking provider Blue Ridge Bank.
How much is insured?
Funds in this account are insured up to $250,000.
What does FDIC stand for?
FDIC Stands for Federal Deposit Insurance Corporation
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