The process of receivable financing involves several steps. First, the business decides which invoices to sell to the financing company. The financing company then evaluates the creditworthiness of the businessâs customers, as they will be the ones responsible for paying the invoices. Once approved, the financing company advances a percentage of the invoice value to the business, typically between 70% to 90%. When the customer pays the invoice, the financing company releases the remaining balance to the business, minus a fee for their services.