Eagle Business Credit

Best for: B2B companies, including startups, in staffing, janitorial, manufacturing, apparel, government contracting or trucking, that invoice on 30- to 90-day terms and need cash within a day. Your customers' credit counts for more than yours.

Not for: Businesses that sell to consumers, want a published all-in price, or need guaranteed non-recourse cover outside trucking (not published). Lines over $50,000 come with a 6- or 12-month contract.

Lender List verdict: Eagle Business Credit is a Georgia factor, operating since 2013, that funds invoices in under 12 hours once set up and offers a no-contract option for lines under $50,000. Fees start at 1% (Express) or 2% (Classic), but the billing period isn't published. At 2% per 30 days, a 45-day invoice costs roughly 29% to 38% simple annualized.

Eagle Business Credit at a glance

What is Eagle Business Credit?

Eagle Business Credit, LLC is an invoice factoring company in Woodstock, Georgia, that started operating in October 2013. It buys B2B receivables nationwide with lines from $1,000 to $5,000,000. This Eagle Business Credit review uses the company's own pages, its BBB profile and two independent write-ups.

President and founder Ian Varley has spent more than 25 years in commercial finance. Eagle joined the Secured Finance Network in 2026 and hired a national sales manager for its general factoring division that June. Trucking clients are served through its Cashway transportation division.

How Eagle Business Credit factoring works

Eagle Business Credit buys your unpaid invoices, typically advances 85% of their value, and collects the full amount from your customers, who are judged instead of your credit score.

• Selective factoring: Pick which customers or invoices to sell, at Eagle's standard rates.
• Growing line: Your available funding rises as your sales rise.
• Freight factoring: Same-day funding at no charge if paperwork arrives by 3 p.m. ET, plus fuel advances after three months in good standing.
• PO financing: Eagle pays your supplier (by wire or letter of credit), and a factoring line pays that off once the goods are delivered.
• Extras: Customer credit checks, collections and a 24/7 online client portal.

How the funding cycle works

Eagle Business Credit funds the advance within hours of your invoice schedule; the rest follows customer payment.

1. You deliver the work and send Eagle the invoice.
2. Eagle verifies it and pays the advance, typically 85%.
3. Your customer pays Eagle on its normal Net 30, 60 or 90 terms.
4. Eagle releases the reserve, minus its fee.

Eagle Business Credit advance rate, factor fee, and recourse

Eagle Business Credit typically advances 85%, with fees from 1% on Express lines under $50,000 and from 2% on Classic lines above that. Lines over $500,000 get custom Premier pricing. Eagle doesn't say whether the fee is per invoice or per 30 days, but SuperMoney reports it is charged monthly.

• Fee drivers: Volume, how many customers you have and who they are, invoice size and count, and how long invoices stay unpaid.
• Not charged: Application fees, set-up fees on Express, or a surcharge for selective factoring. SuperMoney cites origination fees from $250. Eagle says applying is free.
• Contract: None on Express; 6 months on Classic; 12 months on Premier.
• Recourse: Non-recourse plans exist for trucking. Eagle doesn't publish recourse terms for other factoring, so ask before you sign.
• Notification: Your customers pay Eagle directly, so expect them to know.

Worked example: factor a $100,000 invoice at an 85% advance and a 2% fee per 30 days, prorated, and your customer pays on day 45. You receive $85,000 up front. The fee is $3,000 ($100,000 × 2% × 45 ÷ 30), so Eagle sends you $12,000 when the invoice is paid. That works out to about 29% simple annualized, or 32% compounded. If Eagle bills in full 30-day blocks, day 45 counts as two blocks: the fee becomes $4,000, the rebate $11,000, and the rate about 38% simple (45% compounded).

Eagle Business Credit requirements

Eagle Business Credit requires no minimum credit score or time in business. You do need creditworthy business customers that pay on terms.

Eagle approves you based on how reliably your customers pay. It doesn't impose profit or financial covenants.

Pros and cons

Eagle Business Credit's strengths are speed, startup access and a no-contract option. Its main weakness is pricing you can't fully check before applying.

Pros

• Under 12 hours to fund invoices after a 48-hour first setup
• Startups and owners with weak credit can qualify
• No contract or set-up fee on Express lines
• Selective factoring at no extra cost
• Trucking (with fuel advances) and PO funding available
• BBB A+ and accredited since 2014

Cons

• Fee basis (per invoice or per 30 days) isn't published
• Lines over $50,000 require a 6- or 12-month contract
• No published recourse terms outside trucking
• Little independent review coverage; SuperMoney shows no user reviews
• Third-party figures conflict with Eagle's own

Eagle Business Credit alternatives on Lender List

The closest alternatives are Riviera Finance for non-recourse factoring, FundThrough for contract-free spot factoring, and OTR Solutions for trucking.

• Riviera Finance: non-recourse factoring, advances up to 95%
• FundThrough: from 1.9% per 30 days, with no obligation after the first funding
• OTR Solutions: freight factoring, also based in metro Atlanta
• Triumph Business Capital: trucking factoring at scale
• Browse all invoice factoring lenders on Lender List

Frequently asked questions about Eagle Business Credit

Is Eagle Business Credit Legit? Yes. Eagle Business Credit, LLC has operated since October 2013 from Woodstock, Georgia. It has a BBB A+ rating and has been accredited since July 2014. It belongs to the International Factoring Association and the Secured Finance Network. Independent customer reviews are scarce, so ask for client references.

Is Eagle Business Credit Recourse or Non-Recourse? It depends on the program. Eagle offers non-recourse plans for trucking clients, which cover you if a customer fails or goes bankrupt. It doesn't publish recourse terms for staffing, manufacturing or other factoring. Ask whether your agreement makes you buy back unpaid invoices, and after how many days.

Will My Customers Know I'm Factoring With Eagle Business Credit? Yes, in most cases. Eagle collects payment from your customers directly and checks their credit, so they will be told to pay Eagle. With selective factoring, you can leave out customers who already pay quickly. Those customers keep paying you as usual.

Does Eagle Business Credit Work With Startups? Yes. Eagle Business Credit accepts brand-new companies and has no time-in-business requirement. It approves you based on your customers' creditworthiness, not your profits or credit history. You do need creditworthy business customers that buy from you on credit terms, and Eagle checks each one.

Is There a Contract With Eagle Business Credit? Only on larger lines. Express Funding (under $50,000) has no term contract and can be closed with 30 days' notice and no penalty. Classic lines over $50,000 carry a 6-month contract. Premier lines over $500,000 carry a 12-month contract with custom pricing.

What Is Cashway Funding? Cashway Funding is Eagle Business Credit's trucking division. It factors freight bills for owner-operators and larger fleets. It offers free same-day funding when paperwork arrives by 3 p.m. ET, fuel advances after three months, and non-recourse plans. Eagle's own example fee is 1.95% of a load.

Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.