Invoice factoring is a type of accounts receivable financing that converts outstanding invoices due within 90 days into immediate cash for your small business. The factoring company will typically pay you in two installments for your invoice: an advance of roughly 80% of your invoice and the remaining 20% (minus factoring fees) after the invoice… The post What Invoice Factoring Is & How It Works appeared first on . from http://fitsmallbusiness.com/how-invoice-factoring-works/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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