Invoice Factoring Terminology

Posted by on Jul 10, 2015 in Business Tools, Invoice Factoring | 3 comments

Whether you have used Invoice Factoring in the past to fund your working capital needs or are researching to see if the factoring of your company’s invoices is right for you, it is important to understand Invoice Factoring Terminology so you can be a well-educated business owner. Businesscash.com has created this Glossary for your use. First, what is Invoice factoring? It is the selling or assigning of your unpaid invoices to creditworthy clients to a Factoring Company. Once your...

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