INVOICE FACTORING: A SMALL BUSINESS OWNER’S GUIDE

Invoice factoring is an innovative business financing solution that allows businesses to unlock the value of their invoices in order to obtain working capital.

Simply put, it’s where your business sells its accounts receivable (invoices) to a third party, known as a factor, at a discount. The factor then becomes the primary creditor and collects the payments on behalf of your business from your customers.

https://www.paystubsnow.com/invoice-factoring-a-small-business-owners-guide/

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