Up to 90%* financed value of customer invoices. Factoring (Invoice Financing) is when a supplier borrows money from a third-party financial company called a “factor” by selling its invoices (receivables from customers) at a discounted rate and paying a percentage of the invoice amount to the lender as fee for borrowing money.
A. NOTIFIED
The customer or company to whom the invoice was issued is informed of the invoice sale and required to make payments to the factor doing the collection.
B. NON-NOTIFIED
The customer or company to whom the invoice was issued is informed of the invoice sale and required to make payments to the factor doing the collection.
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