Factoring is a financing solution where businesses receive immediate cash by selling their accounts receivable (customer invoices) to a factoring provider. Instead of waiting for customer payments, you get paid upfront, improving cash flow. Once your customer pays the invoice, you repay the factor. This method allows businesses to offer flexible payment terms to customers without experiencing cash flow delays.
What Is Factoring?
Similar Questions
What Privacy Measures Are in Place?
Comprehensive privacy policies and data handling measures protect your sensitive business information.
What Is Reverse Factoring?
Reverse factoring provides cash flow relief by allowing early supplier payments without using your own funds.
Why Use Reverse Factoring?
Reverse factoring lets you complete trade transactions without impacting internal cash flow. Reducing financial strain on your own resources.