Factoring                  

Factoring is a financial service that allows businesses to improve their cash flow by selling their accounts receivable (invoices) to a third party, known as a factor. This service enables companies to receive immediate funds instead of waiting for the payment terms of their clients. Factoring provides a quick and efficient way to manage working capital, reduce credit risk, and focus on core business operations. It is particularly beneficial for businesses with lengthy payment cycles or those looking to expand rapidly.