- Riviera Finance is a full-service invoice factoring company (founded 1969) that advances cash against unpaid B2B invoices rather than making a loan.
- Approval centers on your customers' creditworthiness, so it can be more accessible than a bank loan for newer or growing businesses.
- It offers a non-recourse option and handles collections for you, though factoring fees reduce what you collect and customers are notified to pay Riviera directly.
Riviera Finance at a glance
Riviera Finance is a full-service invoice factoring company founded in 1969, with offices across North America. Rather than lending you money, it buys your unpaid business-to-business invoices and advances you cash right away — a useful tool when customers take 30, 60, or 90 days to pay but your payroll and expenses can’t wait.
How factoring works
Factoring isn’t a loan. Here’s the basic flow:
- You deliver work and invoice your customer, then submit that invoice to Riviera instead of waiting to be paid.
- Riviera verifies the invoice and advances a large portion of its value, typically within 24 hours.
- Riviera collects payment directly from your customer and manages the receivable.
- Once the customer pays, Riviera releases the remaining balance, minus its factoring fee.
Because the advance is based on invoices you’ve already earned, factoring scales with your sales rather than capping you at a fixed loan amount.
Who it’s best for
Riviera fits B2B companies with creditworthy customers that need steadier cash flow — common in staffing, transportation, manufacturing, and distribution. Approval leans on your customers’ ability to pay, so it can work for younger or growing businesses that might not qualify for a bank line. Riviera also offers non-recourse factoring, which can protect you if a customer fails to pay due to insolvency.
How to decide
Factoring has a cost: the factoring fee reduces what you ultimately collect on each invoice, and your customers are usually notified to pay Riviera directly. For businesses that value fast, predictable cash flow and want collections handled, that trade can be worth it. Compare a couple of factoring options before committing — you can apply once through Hoss Capital and we’ll match you with Riviera and comparable providers. Terms change, so confirm current rates and details directly before signing.
- Funds tied to receivables, not a fixed loan amount, so it scales with sales
- Non-recourse option covers credit losses if a customer fails to pay due to insolvency
- Handles accounts receivable management and collections for you
- Approval weighs your customers' credit, helping newer businesses qualify
- Long operating history with offices across North America
- – Costs money through factoring fees, reducing the total you collect per invoice
- – Only works for businesses that invoice other businesses (B2B)
- – Your customers are typically notified to pay the factor directly
Riviera Finance FAQs
How does invoice factoring with Riviera Finance work? +
You sell your unpaid B2B invoices to Riviera. After verifying them, Riviera advances you a large portion of the invoice value — often within 24 hours — and becomes responsible for collecting from your customer. Once the customer pays, Riviera releases the remaining balance to you, minus its factoring fee.
Is factoring a loan? +
No. Factoring is the sale of your accounts receivable for immediate cash, not debt you repay. Approval is based primarily on the creditworthiness of your customers (the businesses that owe you), rather than solely on your own credit or time in business.
What is non-recourse factoring? +
Riviera offers non-recourse factoring, meaning if your customer can't pay due to credit reasons such as insolvency or bankruptcy, Riviera generally absorbs that loss instead of requiring you to repay the advance. Exact terms vary by agreement, so confirm the specifics before signing.
Last updated: June 2026