Accounts Receivable Factoring keeps your capital working by turning your accounts receivable into immediate cash flow. This is done through a third-party company or "factors" who will purchase your accounts receivable (invoices) in generally two phases. One, Immediate cash for as much as 90% of the invoice's total value. And two, upon full payment of the order(s) by your customer to the factor company, you will be remitted the balance less a small factoring fee.
Reasons to Factor: