FACTORING

Are you looking for the highest degree of flexibility? Invoice factoring gives you the freedom to sell open invoices and receive cash for a set discount fee. Invoice factoring is a financial service used to boost a company’s cash flow. Invoice factoring is not a loan. A company sells its unpaid invoices to the factoring company at a discount. The factoring company provides immediate capital for those invoices. The factoring company now owns the invoices and will collect according to the payment terms of the unpaid invoices from the customer who is being invoiced, typically 30-60 days.