Accounts Receivable Factoring is the purchase of accounts receivables at a discount. That is, the factor is a person or business that pays immediate cash (somewhat less than an invoice’s face value) for business receivables
Accounts Receivable Factoring is NOT a loan with interest due – it is the sale of an asset
Click for detailed information on Accounts Receivable Factoring
Also review our accounts receivable factoring training
Check out our accounts receivable factoring training blog