What is Discount Factoring?

Posted by Chris Curtin on Dec 10, 2012 in Business Tools, Discount Factoring, Non Recourse factoring, Recourse Factoring, Spot Factoring | 0 comments |

What is Discount Factoring?

Discount Factoring, also known as recourse factoring, provides your business with versatile and immediate cash that will give you the funds to grow, restructure, take advantage of supplier discounts or even to fund payroll. Your company probably needs more cash flow to support seasonal demands, growth, and more. Many large well-known companies use discount factoring. It is less expensive than traditional factoring, but, like traditional factoring, it is less restrictive than equity financing, allows you to access cash whenever you need it...

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