Factoring is a financing method in which three different services; guarantee, receivables management and financing are provided to the seller company by assigning the receivables arising or to arise from the sales of goods or services with invoices and checks. Factoring transactions are carried out between commercial debtors, the factoring company, and commercial enterprises engaged in the sale of goods or services.
In simpler terms, factoring supports a sustainable balance sheet structure by providing fast cash flow to your business. With factoring, you can convert your sales into cash and realize healthier growth of your business.
With factoring, you can convert your sales into cash and realize healthier growth of your business.