Sunday 23 September 2012
Explaining The Types of Factoring
Factoring is a financing tool where the unpaid invoices of a business are sold to a third party or factoring organization to finance the working capital needs. This releases funds for improved cash flows and facilitates smooth business operation and expansion. The factoring company charges certain interest for this and waits for realization of the payments from the customers.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment