Your Industry Does Not Have to Appear on a List
Industry pages help explain common receivable patterns, but they do not define every business LIEquity may review. The relevant questions concern the customer, completed service or sale, invoice, documentation, verification, and provider-specific requirements.
A business outside a featured industry may still be reviewed, but this page does not state or imply that every B2B business qualifies. The provider makes final decisions.
Characteristics of a Commercial Receivable
A potentially reviewable receivable may arise when a business or government customer owes an invoice for completed services or delivered goods. The underlying transaction, contract, customer credit, payment terms, and records must still be evaluated.
- A business or government customer is clearly identified.
- Services have been completed or goods have been delivered as applicable.
- An invoice has been issued for the completed commercial transaction.
- Documentation can connect the customer, performance, amount, and payment obligation.
- The receivable can be verified through the applicable customer and provider process.
- Disputes, credits, offsets, deductions, returns, and payment terms are understood.
- Existing liens, assignments, or financing arrangements are disclosed for review.
Completed Performance Still Matters
LIEquity's intended factoring program focuses on completed commercial receivables. An advance retainer for services not performed, work in progress, progress billing tied to unfinished work, future invoices, undelivered goods, or a purchase order alone is not the completed receivable being pursued.
This is LIEquity's intended placement criterion, not a universal statement about every factoring company or financing product. If services represented by an invoice have been fully performed, the resulting receivable can be evaluated based on its actual structure and documentation.
An invoice containing labor and materials may be considered when the underlying work is complete and applicable delivery, acceptance, documentation, verification, and other requirements are satisfied. Businesses using subcontractors may also be considered; subcontractor use alone is not an automatic disqualification.
Questions a Provider May Review
| Area | Questions that may matter |
|---|---|
| Customer | Who owes the invoice, and can the customer verify the transaction? |
| Performance | Were the services completed or goods delivered and accepted as required? |
| Documentation | Do contracts, work records, delivery records, invoices, and approvals connect? |
| Payment | What are the payment terms and are there known credits, disputes, offsets, or deductions? |
| Structure | Are there existing liens, assignments, security interests, or financing arrangements to review? |
Government receivables may be considered, but not every government receivable qualifies and providers may use different documentation, verification, assignment, or payment-direction procedures.
Other B2B Receivable Readiness Checklist
Before submitting for review
- The customer and commercial relationship are clearly identified.
- The invoice represents completed services or delivered goods.
- The amount, terms, and supporting records can be explained.
- Verification contacts and customer processes are understood.
- Known disputes, credits, offsets, deductions, returns, or acceptance issues are disclosed.
- Future work, WIP, progress billing, undelivered goods, and purchase orders are not presented as completed receivables.
- Existing liens, assignments, or financing arrangements are disclosed for review.
This checklist is a preparation tool. It does not establish eligibility, approval, placement, funding, or provider terms.
Frequently Asked Questions
Can LIEquity review a business whose industry is not listed?
LIEquity may review a business with commercial or appropriate government receivables for completed services or delivered goods, even when its industry is not featured. This does not guarantee eligibility or provider interest.
What makes a B2B receivable potentially reviewable?
A provider may consider the customer, completed performance or delivery, invoice, documentation, verification, payment terms, disputes, concentration, liens, and other applicable requirements.
Can a government receivable be considered?
Yes, LIEquity may consider invoices owed by government entities. Not every government receivable qualifies, and providers may handle government transactions differently.
Are purchase orders or future services eligible completed receivables?
Not under LIEquity's intended program. A purchase order, future invoice, unperformed retainer, WIP, progress billing tied to unfinished work, or undelivered goods is not the completed receivable being pursued.
Can an invoice include labor, materials, or subcontracted work?
It may be considered when the underlying invoiced work is complete and applicable delivery, acceptance, documentation, verification, contractual, and provider requirements are satisfied. None of those features alone guarantees eligibility.
Does applying guarantee approval or funding?
No. Applying is an LIEquity intake for review, not direct provider approval. LIEquity is an independent commercial factoring broker, and the provider makes final eligibility, approval, funding, and contractual decisions.
This page explains broad commercial receivable considerations and is not a promise that every B2B business qualifies. LIEquity is an independent commercial factoring broker; it does not purchase invoices, provide funding, make final credit decisions, or set provider terms. The provider evaluates each business, customer, receivable, documentation, and agreement.