Your customer owes you $600K on Net 60? Get $570K in your account tomorrow. Non-recourse, embedded in your AR, priced on risk — not on FICO.
Right inside the invoice row: one click to factor. No separate application, no separate portal, no separate login.
We underwrite the payer (your customer), not you. Your FICO doesn't matter. Meridian's credit does.
If your customer doesn't pay, that's on us — not you. No clawback, no personal guarantee.
A real $600K invoice, compared across the three common options.
| What happens | Traditional factor | Bank LOC | Payouts Factoring |
|---|---|---|---|
| Time to first funding | 2-6 weeks | 8-12 weeks | < 24 hours |
| Advance rate | 70-85% | n/a | 95% |
| Effective APR | 22-36% | 8-12% | 9-14% |
| Personal guarantee | Usually required | Required | None |
| Notice of assignment | Sent to customer | n/a | Optional |
| Recourse | Yes — you owe on default | Yes | Non-recourse |
| Minimum volume | $50K / month | $500K+ | None |
| Integrates with AR | Separate portal | n/a | Same screen |
Issue via AR Automation. We see it, underwrite the payer in background.
Approved invoice gets a "factor" button. Click to see your rate.
95% of face value in your Global Account within 24 hours.
We collect from your customer. Reserve released. Fee settled. Done.