Mid-Level

Factorer

You purchase accounts receivable from businesses — buying invoices at a discount and collecting the full amount from the original debtors — providing financing to businesses through factoring and serving as the operational engine of factoring transactions.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
I
S
A
R
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Job markets for Factorers
Employment concentration · ~168 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Factorer

Most days involve invoice purchase decisions, debtor verification, and collections management — reviewing invoices submitted by clients, verifying with debtors, advancing funds against approved invoices, managing collections from debtors, handling client conversations about reserves and remittances. Invoice-purchase volume and collections performance anchor the operating measures.

The harder part is often the dual customer dimension — factorers serve client businesses (whose invoices they purchase) and interact with debtor businesses (who owe on those invoices), and the relationships sometimes pull in different directions. Variance across employers shapes the work: traditional commercial factoring focuses on B2B accounts receivable; recourse factoring shares risk with clients; non-recourse factoring takes more credit risk; specialty factoring (medical receivables, government contracts, transportation freight bills) runs under sector-specific rhythms.

It fits people comfortable with credit analysis, fluent in commercial-collections work, and steady through client and debtor disagreements. CCM, CRC, and IFA credentials anchor advancement. The trade-off is the collections-pressure dimension — factorers carry collection risk on purchased invoices, and the role involves sustained engagement with debtor businesses sometimes resistant to paying.

RelationshipsAbove avg
AchievementModerate
RecognitionModerate
SupportModerate
IndependenceModerate
Working ConditionsModerate
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Factorers (SOC 13-2041.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Exploring the Factorer career path? Truest helps you figure out if it's the right fit — and plan your path forward.
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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$53K–$169K
Salary Range
10th – 90th percentile
67K
U.S. Employment
-4.4%
10yr Growth
4K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingActive LearningReading ComprehensionSpeakingActive ListeningMathematicsWritingJudgment and Decision MakingService OrientationTime Management
O*NET OnLine · Bureau of Labor Statistics
13-2041.00

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.