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what are the steps for invoice factoring let me break this down so were going to go over the steps or how to change your invoice factoring company were also going to go over and discuss what are the qualifications how long it takes im gonna tell you all about the entire process this way you know when you can make the best decision possible so please make sure youre watching this to the end and well go over all the details that you need to know my name is jonathan federer and i am the owner of integrated business financing i have been helping small business owners get into the best business financing programs for the past 14 years so lets break down what the steps are for invoice factoring first you just have to gather some documents fill out a quick application the applications one page it should probably take you max i would say 60 seconds to fill out next you want to submit a couple bank statements you know usually three is good you can submit six if you wanted to drivers lic