Free up working capital with an advance on up to 100% of your unpaid invoices.

When the only thing holding back your business is unpaid invoices, factoring could be the working capital solution you’re looking for. In business for 25 years, Interstate Capital offers several factoring programs for a wide range of industries, from staffing companies to consultants.


Min. Amount


Product Name Interstate Capital Factoring
Min. Amount $8,000
APR Varies
Requirements Business in good standing with no existing tax liens

Application Criteria

  • Be in good financial standing.
  • Have no federal tax liens.

First, do I qualify?

Eligibility requirements vary by program. Typically, your business must:

  • Be in good financial standing.
  • Have no federal tax liens.

What is Interstate Capital?

Interstate Capital is a factoring company that offers invoice factoring to small, midsize and large businesses. It works by buying a company’s unpaid invoices in exchange for a fee.

While Interstate Capital offers factoring by industry, it does so through two main options: full advance or reserve advance. Depending on your company, you may also pay interest based on the Wall Street Journal prime rate.

Full advance program

Select industries are eligible a full advance. Here, your business gets up to 100% of the value of its unpaid invoices for a fixed fee.

Flat rates vary depending on the value of your invoices:

Value Rate
$10,000–$30,000 4.99%
$30,000–$40,000 3.99%
$40,000–$50,000 3.49%
$50,000–$100,000 2.99%
$100,000 and up Up to 2.5%

Reserve advance option

Other industries are eligible for a partial advance of 75% to 90% of the value of their invoices. If your business factors invoices worth $100,000 or more, you might be eligible for a 95% advance.

This program comes with incremental rather than fixed fees. Fees apply every 10 days your customers take to satisfy their invoices.

Fees depend on the total value of your business’s invoices:

Value Fee
$10,000–$30,000 0.99%
$30,000–$40,000 0.89%
$40,000–$50,000 0.79%–0.69%
$50,000–$100,000 0.59%
$100,000 and up 0.49%

What makes Interstate Capital unique?

Interstate Capital is backed by more than two decades of invoice-factoring experience.

But it stands out with unique programs designed for a broad range of industries that include:

  • Maintenance services
  • Pallet companies
  • Distributors
  • Oilfield services
  • Importers and exporters
  • Machine shops
  • Janitorial companies
  • Government contractors
  • Food services
  • Food manufacturers, distributors and importers
  • Apparel businesses

What are the benefits of using Interstate Capital?

  • Fixed and tiered fees. Depending on your industry and business, you can find both fixed rates and flexible fees.
  • Serves range of industries. Interstate Capital supports 22 industry-specific programs tailored to your business type.
  • Up to 100% advance. If your industry is eligible for a fixed rate, you might get up to 100% of your invoices’ value up front.
  • No maximum amount. Factor as much as you need to with Interstate Capital.

What to watch out for

  • Expensive compared to alternatives. Depending on your creditworthiness, you might find a cheaper option through more traditional business financing.
  • Not ideal for emergencies. It can take a couple of business days for a response after you’ve submitted your paperwork — which itself can take time to put together.
  • Not much information online. You’ll likely need to reach out to Interstate Capital for details on how your industry’s program works.

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