Business Services Firms: Unlocking Working Capital Without Adding Debt
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Toronto, Canada
Invoice Factoring Office
Financing solutions tailored to your cash flow needs. We provide receivable-based funding solutions that get you paid faster.
The Riviera Finance Toronto office provides financing solutions and invoice factoring services to companies in Central and Eastern Canada including Ontario, Manitoba, Quebec, Newfoundland, Labrador and throughout the Maritimes (Nova Scotia, Prince Edward Island, New Brunswick).
Location
5975 Whittle Road
Suite 120
Mississauga, Ontario, Canada, L4Z 3N1
How Invoice Factoring in Canada Works
If your business is waiting on unpaid invoices, invoice factoring in Canada provides a fast, reliable way to access the working capital you’ve already earned. Instead of waiting 30, 60, or even 90 days for customer payments, factoring allows you to convert receivables into immediate cash by helping you keep operations running smoothly.
The process is simple and efficient. Once you complete work and issue an invoice, you submit it to Riviera Finance for review. After verification, you receive a substantial cash advance—often within 24 hours. When your customer pays, the remaining balance is released to you, minus a competitive fee.
Businesses across Canada use invoice factoring to stabilize cash flow, meet payroll, and support growth – without taking on additional debt.
The Benefits of Working with an Invoice Factoring Company in Canada
Partnering with an experienced provider of invoice factoring in Canada gives your business the financial flexibility it needs to operate with confidence.
Riviera Finance brings more than 550 years of experience working with businesses of all sizes and industries, delivering customized solutions designed to meet your specific needs.
Here’s how invoice factoring supports Canadian businesses:
- Fast Access to Working Capital: Turn unpaid invoices into immediate cash—often within 24 hours
- Improved Cash Flow Stability: Eliminate gaps caused by slow-paying customers
- Support for Growth: Take on new contracts, hire staff, or invest in equipment without waiting for payments
- No Additional Debt: Factoring is not a loan—it’s access to your earned revenue
- Reduced Administrative Burden: Let experienced professionals manage collections and receivables
Local New Business Support Team
Unlock Capital for Business Growth
Riviera Finance provides working capital solutions to support your business in financing growth initiatives or managing daily operational expenses in Central & Eastern Canada: Toronto, Ontario, Manitoba, and Mississauga. Our team is ready to quickly assist you with the following services:
The Riviera Advantage
Non-Recourse
We take the credit risk on all the invoices we factor
Flexible
You select which invoices to factor
Personal Service
Dedicated account team with direct contact
Get Started
Complete the form for a Free Consultation.
Industries We Serve Across Canada
Canada’s diverse economy requires flexible and dependable financing solutions. Riviera Finance works with businesses across a wide range of industries that rely on consistent cash flow.
We commonly support:
- Transportation & Freight
- Staffing Agencies
- Construction & Trade Services
- Manufacturing & Distribution
- Oil & Energy Services
- Business & Professional Services
No matter your industry or company size, our invoice factoring Canada solutions are designed to support stability and long-term growth.
Recent Businesses Served
PENNSYLVANIA
Water Hauling
Factoring Line
$1,000,000
Water Hauling – Pennsylvania
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This brand new company started a business this year with five trucks servicing some major oil and gas companies. They chose to work with Riviera since their inception because of our personal service and local staff. With Riviera’s cash flow assistance, they are expanding their business and are on track to add 15 more trucks by the end of the year.
CANADA
Oil & Gas / Transportation
Factoring Line
$500,000
Oil & Gas / Transportation – Canada
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In January 2012, an oilfield transportation company looked at its bank account and saw its balance was alarmingly low, thanks in no small part to having dispatched a record number of its trucks to haul heavy loads under dangerous winter conditions. Another icy highway accident would have sent them scrambling for the phone to demand faster payments from its existing customers, mostly just to cover the rescue and repair bills.
Rather than put their valued clients in an uncomfortable position and risk future business, the client placed an inquiry with Riviera Finance at the recommendation of a colleague. The objective was to factor a few invoices to give them enough extra cash to make it through the deep winter freeze, with no future obligations. Not only was Riviera able to meet their requirements, we provided such effortless service that the client continues to use the facility as a convenient tool whenever cash gets tight, busy season or not.
Since then, the client has added trucks, personnel, and even a few new accounts. For many of our clients all across Western Canada, Riviera Finance takes a lot of the stress out of the peak winter season.
PENNSYLVANIA
Medical Staffing
Factoring Line
$300,000
Medical Staffing – Pennsylvania
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This company had been operating for a year and was looking to increase working capital to support rapid growth. Initially, they got an MCA loan. The decision caused a reduction in working capital because of high monthly payments and hindered their growth. Their accountant suggested Riviera to support their working capital needs and future growth with Accounts Receivable Factoring. Riviera Finance was able to payoff the existing MCA loan and provide needed working capital to meet their growing payroll.
Our Process
STEP 1
Apply
Complete form & become a Riviera client
STEP 2
Service
You deliver your products or services
STEP 3
Send
Send your invoices to Riviera Finance
STEP 4
Get Paid
Riviera verifies & pays you within 24 hours
Comparing Your Financing Options in Canada
When evaluating financing options, it’s important to understand how invoice factoring in Canada compares to traditional funding methods.
Invoice Factoring vs. Bank Loans
Bank loans often require extensive documentation, strong credit history, collateral, and lengthy approval timelines. For businesses needing immediate capital, these delays can slow operations. Invoice factoring provides faster access to funds because it is based on completed work and your customers’ credit—not your balance sheet.
Invoice Factoring vs. Lines of Credit
Lines of credit offer flexibility but are limited by fixed borrowing caps and strict qualification requirements. As your business grows, your credit limit may not keep pace. Invoice factoring scales with your revenue—more invoices mean more available funding.
Invoice Factoring vs. Merchant Cash Advances
Merchant cash advances may provide quick funding, but they often come with higher effective costs and aggressive repayment schedules that impact daily cash flow. Invoice factoring offers a more predictable, structured solution tied to your customers’ payment timelines.
For many Canadian businesses, factoring delivers the speed, flexibility, and stability that traditional financing cannot match.
Frequently Asked Questions About Invoice Factoring in Canada
How does invoice factoring work for Toronto businesses?
Invoice factoring allows businesses to convert unpaid customer invoices into immediate working capital. Instead of waiting 30, 60, or 90 days to get paid, you receive a cash advance, often within 24 hours, so you can cover payroll, operating expenses, or growth initiatives without disruption.
How quickly can I receive funding?
Many businesses receive funding within 24 hours after invoice approval.
What types of invoices qualify for factoring?
Any business that issues invoices to creditworthy customers may qualify, regardless of industry or size.
Are your factoring services non-recourse?
Yes, we factor invoices on a non-recourse basis which means we take on the credit risk of your customer’s invoice. If the customer does not pay due to insolvency or bankruptcy, Riviera Finance takes the loss, not you.
Will invoice factoring impact my business credit?
Because factoring is based on receivables, it typically does not negatively impact your credit profile.
Do factoring companies file a UCC?
Yes. A UCC filing is standard in invoice factoring and reflects the factoring company’s interest in the accounts receivable being funded. This filing provides transparency and helps protect all parties involved. For more information about UCC filings – read our blog post.
Boost Your Cash Flow with Invoice Factoring in Canada
If unpaid invoices are slowing your business down, invoice factoring in Canada provides a fast, dependable solution. Riviera Finance helps businesses unlock working capital, reduce financial stress, and move forward with confidence.
Contact our team today to learn how invoice factoring can support your business, so you can focus on growth, not waiting to get paid.
About Our Eastern Canada Office
Our Eastern Canada Sales and Operations Office is located in Mississauga adjacent to the Ontario 402 Expressway at the intersection to the intersection to Highway 403 and is located only 15 kilometers Southwest of Toronto Pearson Airport.
Nearby Points of Interest: Marie Curtis Park (Lake Ontario), Crawford Lake Conservation Area/Iroquoian Village, Benares Historic House, Etobicoke Civic Centre Art Gallery and Centennial Park.
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