INVOICE FACTORING
Invoice Factoring is one type of business financing which involves the sale of a company’s accounts receivable to reduce the risk of debtors and billing stress. A traditional, high-interest bank loan can be expensive, not to mention the immediate debt incurred with obtaining one. It is especially difficult when clients are behind on the payment for various reasons. This is where Invoice Factoring or Invoice Discounting can help a business secure immediate cash advances on its outstanding invoices.