Who this page is for
This page is for operating businesses in Philadelphia and across Pennsylvania that invoice other businesses on terms. Contractors, wholesalers, manufacturers, agencies, logistics firms, and professional services that have already done the work and are waiting on payment.
If the cash is stuck in unpaid B2B invoices, factoring is the product to read. If you are card-only retail with no invoices, this is not the fit. If you need a building loan, start on commercial real estate instead. If you need one amount against how the business runs, not against specific invoices, read working capital.
You do not need to know every product name to start. One application covers invoice factoring and the rest of the financing options.
What invoice factoring is
Invoice factoring is not a loan. You send invoices to other businesses. A factor buys those unpaid invoices, or advances against them, and collects from your customer on the terms in the agreement. Because collection runs through the customer, that customer’s credit is part of the file.
This page localizes who it is for in Pennsylvania and Philadelphia. For the full product explainer, including when it fits and how it differs from other structures, see invoice factoring.
Why Pennsylvania and Philadelphia operators look here
Many Mid-Atlantic B2B companies sell on Net-30, Net-45, or longer terms. The work is done. The invoice is out. Payroll, materials, and suppliers do not wait on the customer’s payment date.
That gap is familiar in Philadelphia and across Pennsylvania: a contractor waiting on a GC, a wholesaler waiting on a retailer, a shop waiting on a commercial account. Cash is sitting in accounts receivable while the operating bills keep moving. Invoice factoring is built for that timing problem, not for buying a building or covering a week with no invoices behind it.
If that is the bind you are in, start with one application and compare your options. For the full product explainer, stay on invoice factoring.
Factoring vs working capital
| Invoice factoring | Working capital | |
|---|---|---|
| What it is | Cash against unpaid B2B invoices. Not a loan. | One amount you pay back on a schedule. |
| Structure | Invoices are purchased or advanced against | Amount advanced to you |
| What matters | Your customer’s credit (and yours) | How the business runs |
| Cash comes from | The invoice | The program |
Factoring is tied to specific invoices you have already sent. Working capital is sized to the business, not to a single receivable. A merchant cash advance is different again: typically tied to sales or receipts, not to named B2B invoices.
What we need to start
For a factoring file, an accounts receivable aging and sample invoices help a lender see what paper you are putting forward. Who your customers are matters here.
You can start the application with the basics and add documents later. Full list: What to have ready.
What happens next
- You submit one application and describe the need in plain terms.
- Keystone Business Lenders packages the file and sends it to lenders that buy this kind of paper.
- Options appear in your account when they exist. Sometimes more than one, sometimes none.
- You compare your options there, next to the agreements. You pick one if you want. You are not required to sign. The lender is named before you sign.