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Phrases with «factoring company»

A factoring company is a business that helps other businesses manage their cash flow by purchasing their invoices or accounts receivable for a discounted price. This allows the business to receive immediate payment for their outstanding invoices, instead of waiting for their customers to pay them. Full definition

Related phrases

Sentences with «factoring company»

  • In order to afford these costs, Jane decides to work with an invoice factoring company with her outstanding invoices that are due in 30 days. (valuepenguin.com)
  • Many invoice - factoring companies require a business to provide all of their invoices within a set period of time or sell a minimum number of invoices per month to avoid penalties. (valuepenguin.com)
  • Factors Chain International A global network of more than 250 leading factoring companies in 66 countries that seeks to facilitate trade through factoring and other financial services. (inc.com)
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