Important Things to Know About International Factoring Association Factoring is also known as accounts receivable financing or invoice financing. It is a financial strategy that will allow businesses to have capital denoted to their invoices before the due payments of their customers. The reason why businesses get an advance loan is to somehow establish a…
Category: Advance business capital
In simple terms,business invoice factoring involves borrowing funds against unpaid invoices. Smart companies however are increasingly leveraging their business financing options using invoice factoring. Invoice factoring is an effective way of acquiring advance business capital by allowing businesses to draw money against invoices that are scheduled for future processing. Invoice funding is a strategic funding…
