AI-POWERED INVOICE FACTORING SOFTWARE
ANY KIND OF ACCOUNTS RECEIVABLE FINANCING AUTOMATED END-TO-END
Intelligent tailored automation for every step of the factoring management process – from application submission to payment collection and reporting.
Borrowers use an intuitive customer portal to apply for new finance, repay existing debt and communicate with your staff.
Configure credit products of any complexity in minutes and score customers on autopilot with rates tailored to the client, their business, and borrower group.
Intuitive storing of logs and databases in an easy-to-use archive and audit trail tools, ensuring transparency and easy access to historical data.
TurnKey Lender’s invoice factoring system adheres to the strictest cybersecurity best practices and integrates seamlessly via an in-built API.
Provide clients with quicker, more transparent and easy access to accounts receivable financing in an intuitive interface at better terms and with better experience.
Attach invoices to the application to confirm awaiting payments, increase the chances of funding and get faster approvals.
Gain valuable insights into your factoring and invoice finance operations with comprehensive reporting and analytics tools, empowering you to make more accurate, data-driven decisions.
END-TO-END FACTORING AND INVOICE FINANCE AUTOMATION CONFIGURED TO YOUR NEEDS
Flexible end-to-end functionality combined with unmatched scalability
TurnKey Lender provides you with full configuration freedom to finance your client’s invoices on full autopilot, allowing you to set the conditions and caps at which you are willing to fund invoices. Our invoice factoring software scales seamlessly as your business grows.
Reduce credit risk and approve more of the right finance requests
Run instant reliable credit evaluations and easily finance any portion of a client’s invoice immediately, enabling you to make accurate credit decisions and mitigate risk.
Minimize human error with an advanced proprietary system
Automate all of your invoice factoring workflows to increase returns, minimize human error, and speed up your operation.
Educational Resources
Part I: How to enter the commercial lending space (11 high-growth business lending sectors)
learn moreWhite paper: How to automate every part of your commercial lending process
learn morePart III: B2B credit automation that cuts operational costs and minimises credit risk
learn more
TRANSFORM YOUR INVOICE FACTORING WITH POWERFUL, INTUITIVE INVOICE FACTORING SOFTWARE
WORLD-LEADING INVOICE FACTORING SOFTWARE TO HELP YOU DELIVER WORLD-CLASS RESULTS
- Improve your time to market by 3X+ due to not using fragmented solutions
- Make accurate credit decisions in seconds
- Automate every step of factoring and invoice finance, reduce costs, and alleviate risks
- Offer an unmatched customer experience with intuitive web and mobile interfaces
- Access 24/7 advice and support from our expert team
TURNKEY LENDER'S BEST-IN-MARKET INVOICE FACTORING GIVES YOUR BUSINESS THE COMPETITIVE EDGE
- 49% reduced supplier risk
- 62% lower buyer risk
- 55% less risk overall
- 35%+ faster loan decisioning
- Increased lender and borrower satisfaction
WHY DO LENDERS LOVE USING TURNKEY LENDER PLATFORM?
TURNKEY LENDER’S INVOICE FACTORING SOFTWARE IS A TRUSTED STAPLE FOR LENDERS AROUND THE WORLD
FAQs
What is invoice financing and how can it benefit my business?
Invoice financing is a financing solution where businesses can use their outstanding invoices as collateral to receive immediate funding. It benefits businesses by improving cash flow, providing working capital for growth or day-to-day operations, and reducing the need to wait for invoices to be paid.
What features should I look for in invoice financing software?
When choosing invoice financing software, consider features such as automation of invoice processing, customizable notifications and reminders, flexible interest rate management, robust archive and audit trail tools, secure integration capabilities, comprehensive sales and accounting functionalities, and efficient invoice management.
How can invoice financing software help me manage my cash flow and reduce financial risk?
Invoice financing software automates the entire invoice factoring process, from application to funding and payment collection, which helps streamline cash flow management. By providing real-time visibility into outstanding invoices and automating payment reminders, it reduces the risk of late payments and improves cash flow predictability.
Can invoice financing software integrate with my existing systems, such as accounting or CRM software?
Yes. TurnKey Lender’s invoice factoring software can integrate with 75+ third-party tools and technologies, including leading payment, reporting and communication tools, and CRM platforms. These easy integrations allow for the seamless transfer of the data, streamlined processes, and eliminate the need for manual data entry.
What different funding models does TurnKey Lender’s invoice factoring software offer?
TurnKey Lender’s powerful invoice factoring software offers three different funding models:
- Marketplace: With this model, a lender can choose which invoices to fund and which to ignore, depending on the risks calculated by the lending software, the returns, and the customer in question.
- Financing program: Here a lender can set up a program of steady funding of invoices from a chosen business. This way a business can find an announced program and apply to either be approved or rejected.
- Funding by rules: This model lets the lender specify a list of conditions (like industry, risks, amount, and term) at which they are ready to finance invoices. If a business complies, it can get funded automatically.