The process is straightforward and typically involves three main steps:
The factor collects the full payment from your customer on the due date. INVOICE FACTORING
This financial tool is ideal for B2B startups, rapidly growing companies, or businesses experiencing seasonal cash flow gaps. If your customers take a long time to pay but are creditworthy, invoice factoring can provide the working capital you need to scale operations. The process is straightforward and typically involves three
You sell that outstanding invoice to a factoring company (the factor). rapidly growing companies
Approval is based on your customers' credit, not your own.