What is Invoice Factoring and how does it work?
1:07
YouTubeNovuna
What is Invoice Factoring and how does it work?
Invoice factoring is where a business sells its accounts receivable or invoices to a factoring company. This arrangement facilitates immediate cash access, thereby avoiding the common waiting period associated with customer payments. Also known as debt factoring, invoice factoring is a form of invoice finance and will give your business an ...
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