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What is my factoring limit
Invoicing
•
Factoring
Your factoring limit is the total amount you’re permitted to factor from your unpaid invoices at a given time. Your limit is based on your unique business information such as your business size, age, and history.
How do I add a new debit card for Instant Transfers?
Banking
•
Outgo Card
How do I make an instant transfer?
Banking
•
Transfers
‍‍Instant Transfers move faster than ACH/wire transactions because they don’t depend on banking windows. So, you can use Instant Transfers 24/7/365 without worrying about ACH windows, weekends, or federal holidays.‍
How do I refer friends to Outgo?
Outgo Account
•
My Account
Earn up to $500 for every friend you refer!

Factoring

What is my factoring limit

Your factoring limit is the total amount you’re permitted to factor from your unpaid invoices at a given time. Your limit is based on your unique business information such as your business size, age, and history.

Where can I see my factoring fees?

You can see your Factoring Fees in the Outgo app or website

What does partial factoring mean?

Rather than automatically factoring all of your invoices immediately, your funds are available for you to spend on-demand.

What does Factorable Balance mean?

Your factorable balance is your balance of approved unpaid invoices that is available to factor for rates as low as 1.0%.

How soon will funds be deposited into my account?

50% of our invoices are funded within 90 minutes

How do I lower my factoring rate to 1.0%

With Outgo you factor on-demand and based on how and when you factor you can drop your rate to 1.0%.

Do I have to factor every invoice?

With Outgo, you factor on-demand, so you can choose when and how your factor.