Sky Business Credit

What Sky Business Credit does

Sky Business Credit, LLC is a Downers Grove, Illinois-based accounts receivable financing company founded in 2010 by Gail Reints-Pratl, a 25-year factoring industry veteran. The company purchases outstanding invoices from small and mid-sized B2B businesses on net-30/45/60-day terms, advancing 80-90% of the verified invoice value within 24 hours and remitting the reserve balance upon customer payment, net of a discount fee of 1.5-3% (lower, to 0.5%, with monthly volume commitments or for invoices paid within 30 days, plus Prime + 2% on ledgered lines of credit). Recourse factoring is the standard product; non-recourse, spot factoring, invoice discounting, receivables management, collections assistance, customer credit review, and back-office support are offered as add-ons.

The company's underlying technology is a cloud-based factoring workflow with online invoice submission, digital verification, lockbox/ACH payment capture, automated advances, and an online client portal hosted via ProfitStars for real-time invoice tracking and reporting. Credit decisions on account debtors rely on commercial credit bureaus (Dunn & Bradstreet, Cortera), not proprietary scoring. Payment intake is routed through a third-party portal (ePaymentAmerica). There is no disclosed AI/ML layer, mobile app, or public API.

Revenue is generated entirely through per-invoice discount fees, with no disclosed recurring subscription component; pricing is negotiated based on account size, monthly volume, industry, and 1-2 year contract length, with no monthly minimums on the entry tier and no hidden fees. Go-to-market is sales-led: outbound business development by named Account Executives, inbound from a content/SEO-driven website, and a Broker Referral Program paying lifetime + residual commissions to financial intermediaries. Customer segments are SMBs in staffing, manufacturing, trucking, construction, oil & gas, wholesale, renewable energy, and services, served nationwide from a single office.

Name

Sky Business Credit

Legal name

Sky Business Credit, LLC

Website

https://skybusinesscredit.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Sky Business Credit is a Downers Grove, Illinois-based accounts receivable financing company that purchases invoices from small and mid-sized U.S. B2B companies, advancing 80-90% of value within 24 hours against a discount fee. Its core customers are SMBs in staffing, manufacturing, trucking, construction, oil & gas, wholesale, and services.

Ownership category

akta.pro rank

Product category

Invoice Factoring / Accounts Receivable Financing

NAICS

Nondepository Credit Intermediation (5222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)

akta.pro secondary industry

Invoice Financing, Factoring & Receivables Management (FSAGAJAB)

Keywords

• Accounts receivable financing
• Invoice factoring services
• Small business cash advance
• Working capital solutions
• Recourse factoring

Headquarters

HQ city

Downers Grove

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Factoring / Accounts Receivable Financing: Sky Business Credit earns revenue by purchasing (factoring) a business's outstanding invoices at a discount. The company advances 80–90% of the invoice value upfront (within 24 hours) and remits the remaining 10–20% balance upon customer payment, less a discount fee. This is not a loan — it is a purchase of receivables. Factoring fees are charged on each invoice and are deducted as a business expense. Fee structure starts between 1.5–3% of the invoice amount, varying by account size, monthly volume, industry, and contract term. For ledgered lines of credit, additional interest is charged at Prime + 2% annualized on borrowed amounts, with fees as low as 0.5% for invoices paid within 30 days.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Sky Business Credit purchases (factors) the outstanding accounts receivable of small and mid-sized B2B companies, advancing 80–90% of verified invoice value within 24 hours and remitting the remaining 10–20% balance (minus a discount fee) once the customer's account debtor pays. The company offers recourse factoring as its standard structure, along with non-recourse, spot, and invoice discounting variants, and bundles in receivables management, collections, customer credit reviews, and back-office support.

Product overview

Sky Business Credit offers a single unified product: invoice factoring (also known as accounts receivable financing). This core service allows businesses to convert unpaid invoices into immediate working capital. The company offers multiple factoring structures including recourse factoring (their primary offering), non-recourse factoring, spot factoring, and invoice discounting. They also provide complementary services including receivables management, collections assistance, credit review of customers, and back office support. Access to capital is directly tied to sales volume rather than traditional credit metrics.

Differentiator

Problem solved

Functional benefit

Products and services

• Invoice Factoring / Accounts Receivable Financing Primary service allowing B2B businesses to convert unpaid invoices into immediate working capital by selling accounts receivable to Sky Business Credit for an 80–90% advance within 24 hours, with the remaining 10–20% balance returned upon customer payment minus a discount fee.
• Recourse Factoring Traditional form of factoring in which the factor advances funds against invoices of creditworthy customers; if an invoice is not paid within 90 days, the factor seeks repayment from other invoice advances or reserves. Sky's standard offering.
• Non-Recourse Factoring Factoring structure in which the factor absorbs losses on unpaid invoices due solely to credit losses (bankruptcy or proven financial inability to pay); carries stricter criteria and higher fees.
• Spot Factoring Selective (single-invoice or small-batch) factoring on a one-time or occasional basis; the most expensive type of factoring.
• Invoice Discounting Structure in which the business sells all invoices to a factor and draws money against them; administrative fees are charged on all invoices even if not included in eligibility criteria.
• Receivables Management Ongoing monitoring of debt owed to the client business, with accounts receivable aging reports and purchase/sale reporting to help ensure timely payments.
• Collections Assistance Once invoices are purchased, Sky manages the collection process including follow-up on past-due invoices to ensure timely payments.
• Credit Review Services Sky conducts credit reviews of a client's customers (account debtors) using commercial credit reporting agencies (Dunn & Bradstreet, Cortera) to determine creditworthiness and identify risky credit decisions.
• Back Office Support Sky runs accounting reports, generates accounts receivable aging reports, and makes follow-up calls on past-due invoices to reduce the administrative burden on clients.

Named customers8 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Financial Brokers and AdvisorscoreChannel Partner/ Reseller/ DistributorSky Business Credit operates a Broker Referral Program targeting financial brokers, lenders, and business advisors. Brokers earn fees for the life of each referred deal plus residual monthly commissions. The program offers creative factoring solutions tailored to each client's specific funding needs, with most deals funded within 2–4 days from receipt of a complete package. Sky positions itself as a direct capital source to complement the banking relationship the broker may have with the client.
• ePaymentAmericaminorOthersSky Business Credit directs clients to ePaymentAmerica's secure online payment portal (checkout.epaymentamerica.com) for invoice payments. Clients are instructed to enter their billing vendor's name in the 'Memo' field to help process payments and provide better service. This is a vendor relationship for payment processing infrastructure.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Riviera Finance: Riviera Finance is a long-standing direct competitor that provides invoice factoring and accounts receivable financing to SMBs across multiple U.S. verticals, closely mirroring Sky Business Credit's recourse factoring product, target customer (SMBs with receivables), and broker-supported go-to-market model.
• AltLine (PeakThrive): AltLine is a bank-channel factoring program that works through referral partners to deliver accounts receivable financing to small and mid-sized businesses, making it a direct comparable to Sky's recourse factoring model and broker-led origination strategy.
• Triumph Business Capital: Triumph Business Capital provides factoring and asset-based lending to SMBs, including staffing and transportation. Its product mix (recourse/non-recourse factoring, working capital lines) and SMB focus align directly with Sky's offering and verticals.
• LSQ: LSQ provides invoice factoring, receivables management, and working capital solutions to SMBs across staffing, government contracting, and commercial services — a near-identical product, customer, and technology profile to Sky Business Credit.
• TAB Bank: TAB Bank offers factoring and asset-based lending to small businesses, often through broker channels, with a strong foothold in trucking, staffing, and manufacturing — the same priority verticals targeted by Sky Business Credit.
• Porter Capital: Porter Capital is a direct competitor in the SMB invoice factoring space, providing factoring and working capital lines to staffing, transportation, and service businesses using a similar recourse-based product and broker-supported distribution approach.
• BlueVine: BlueVine is a fintech lender providing invoice factoring and lines of credit to SMBs, targeting the same customer profile with a faster, fully-digital experience — a credible competitive alternative that competes for the same factoring demand Sky addresses.
• Fora Financial: Fora Financial provides working capital and invoice factoring to SMBs across multiple verticals including staffing and transportation, making its product mix and broker/sales-led GTM directly comparable to Sky Business Credit.
• eCapital: eCapital delivers factoring and asset-based lending to SMBs through both direct and broker channels. Its recourse factoring product and multi-vertical SMB focus closely parallel Sky's offering and customer base.

Emerging players

• Fundbox: Fundbox is a fintech that provides working capital and invoice-based advances to SMBs via integrations with accounting platforms. Its product overlaps with Sky's receivables financing offering, though it is more tech-led and less focused on traditional recourse factoring.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sky Business Credit