Understanding Accounts Receivable Financing: What You Need …
https://www.universalfunding.com/understanding-accounts-receivable-financing/
WebSep 13, 2023 · Definition. Accounts receivable financing, also known as invoice factoring, is a financial arrangement where a business sells its outstanding invoices to a factor in exchange for immediate cash. How it works. The business submits its invoices to the factoring company, who verifies their authenticity and creditworthiness.
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