Invoice factoring for small businesses explained Invoice Factoring is an alternative mode of financing for businesses in need of quick cash. In this type, a firm sells invoices to a factoring company (or simply factor) at a lower value. Factors play a prominent role...
Cash is critical for firms to fund operations. However, not all income generated from sales and service provision are realized immediately, and these become the business’ accounts receivables. Like cash, a receivable is an asset, but one that you cannot use to pay...
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