what is invoice factoring and how is it used

May 3, 2016

Invoice Factoring: How it works?

The selling of receivable invoices to third party companies or banks, to improve the cash flow of the business is called invoice factoring. The factoring company or the bank pays for the invoice immediately. The advance payment made, generally varies between 70-90% of the invoice cost. The remainder of the payment is made once the […]

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