BASE launches "invoice factoring," turning invoices issued by merchants into cash

BASE has launched an invoice purchase financing service for merchants, turning issued invoices into cash by the next day.

The online-only service requires no meetings and charges a 10% fee.

It expands BASE’s financing beyond online storefront receivables to support cash flow from wholesale and offline sales.

A 2024 pilot saw strong repeat usage, especially among apparel merchants facing upfront inventory and operating costs.