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Resources | Uncategorized | 2 February 2023

By The Numbers: C2FO Gives Businesses an Alternative to High Interest Rates


Image with a dark blue patterned background displaying the text "C2FO By the Numbers Q3 2022" in white and orange lettering, highlighting an alternative approach in navigating through high interest rates.

Instead of borrowing funds, businesses are generating cash flow by using C2FO’s platform to accelerate payment on their outstanding receivables. 

C2FO lets companies ask their customers for early payment in exchange for a small discount. On average, these companies obtain those funds more than 32 days earlier than they otherwise would have. 

During the first three quarters of 2022:

  • Businesses using C2FO’s platform have received more than $56.8 billion in funding, up 58.7% over last year.

  • More than 24.9 million invoices were accelerated for companies around the world.

  • C2FO provided $4.2 billion in accelerated funding to diverse-owned businesses, an increase of 53.8%.

Learn more about C2FO and its impact

Check out the rest of our performance report below.

Infographic titled "C2FO By the Numbers Q3 2022" highlights the company's impact as an alternative to high interest rates. Founded in 2008, it boasts 830 employees, 1.3B in transaction volume, and supports 1,680 businesses with a stellar 4.82 rating and significant market reach.

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