Riviera Finance provides three components of service under the umbrella of full-service invoice factoring: Finance, Credit Services and Receivables Management.
Riviera turns your business invoices into liquid cash.
Once you’re set up as a client, Riviera pays you cash for your Net 30 Invoices within 24 hours. We pay within 24 hours after verification that product has been received and accepted by your customer. Depending on your industry and situation, Riviera will transfer up to 95% of your invoice face value. Fees are calculated as a percent of invoice, at a pre-determined rate. See What is Factoring for the step-by-step process.
Riviera guarantees the credit on your factored invoices.
No need for a credit department – we’ll become your credit manager and assume the credit risk! Consider these features:
Riviera manages the accounts receivable process on all your factored accounts.
The time you’ll save with Riviera Finance as your receivables back-office will let you focus on what’s important — putting your creative energy into making your company grow and prosper. As your full-service factor, we handle all of the following tasks: