Factoring FAQ

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount.

Source: Wikipedia

 

Invoice Factoring allows a business to draw money against its sales invoices before the customer has actually paid, therefore freeing up valuable working capital. With Invoice Factoring, you as a Company remains responsible for Credit Control and ensuring timely receipt of payments.

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