Factoring is the getting of invoices (accounts receivable) at a discount.
A business that desires immediate payment for a very good or service can sell its accounts receivable at a discount to a factor. This procedure is identified as factoring or accounts receivable financing.
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Katherina Sterner
is a study Design and Technology
from
Hoofddorp
When you want to sell these invoices. There are no extended term contracts, minimums, or maximums with numerous of today's factoring applications.
Choose and select how frequently and what invoices you want to factor.
Choose and select how frequently and what invoices you want to factor.