Mazon Associates

Best for: Texas and Southwest B2B firms, startups included, with creditworthy customers who want month-to-month factoring and collections.

Not for: Businesses outside the Southwest, or anyone needing cheap capital: 2% to 5% plus 1% a month costs far more than bank credit.

Lender List verdict: Mazon Associates, Inc. is a 50-year-old family factor with a 30-day exit and same-day funding. Its posted pricing makes a 45-day invoice cost roughly 33% to 62% annualized.

Mazon Associates at a glance

What is Mazon Associates?

Mazon Associates, Inc. is an Irving, Texas invoice factor founded in 1976 by John and Helma Mazon and owned since 2018 mainly by their daughters. FactoringClub named it 2026's Best Factoring Company.

How Mazon Associates funding works

Mazon Associates buys the invoices you choose, holds a 10% to 20% reserve, and funds the rest the same day for invoices received by 10 a.m.

1. You bill a business customer and send Mazon the invoice.
2. Mazon advances the balance.
3. Your customer pays Mazon on its normal terms.
4. Mazon releases the reserve, minus fees.

Contracts are month to month (30 days' notice); you pick which invoices to sell.

Mazon Associates advance rate, factor fee, and recourse

Mazon Associates advances roughly 80% to 90% and charges 2% to 5% of each invoice plus 1% per month while unpaid, with recourse as standard. No application, startup or minimum-volume fees apply beyond ACH and wire costs.

Worked example: a $100,000 invoice paid in 45 days, with an 85% advance, puts $85,000 in your account. A 3% fee plus 1.5% in prorated monthly charges totals $4,500, so Mazon returns $10,500 and you net $95,500. That is about 43% simple annualized (52% compounded). At 2% to 5%, cost runs $3,500 to $6,500 (33% to 62%).

Mazon Associates requirements

Mazon Associates sets no minimum time in business; approval rests mainly on your customers' credit.

Compare invoice factoring lenders, Riviera Finance for non-recourse, or Texas-based Apex Capital for trucking.

Frequently asked questions about Mazon Associates

Is Mazon Associates Legit? Yes. Mazon has factored invoices since 1976, holds a BBB A+ rating with accreditation since 1999, and is an International Factoring Association member per FactoringClub. It buys invoices itself rather than brokering them, and both owners have worked there over 25 years.

Is Mazon Associates Recourse or Non-Recourse? Recourse by default. If a customer hasn't paid after 90 days and collection efforts are exhausted, Mazon charges the invoice against your reserve. Non-recourse factoring, where Mazon absorbs the customer's credit loss, is available when needed, usually at a higher fee.

Will My Customers Know I'm Factoring With Mazon Associates? Yes. Customers pay Mazon directly on their normal terms, and it mails them weekly past-due statements. Mazon calls these courtesy reminders to your customers' payables staff and says they do not harm the relationship; it is not a collection agency.

How Fast Does Mazon Associates Fund Invoices? First funding takes 3 to 5 business days after your application and documents arrive. After that, invoices submitted by 10 a.m. are funded the same day, by ACH or wire, usually before 4:30 p.m.; later submissions fund the next business day.

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.