How Does Factoring Work?
Invoice factoring is a source of business finance which allows companies to bridge the cash flow gap often associated with trading on credit terms, by releasing working capital from invoices.
With a dedicated sales ledger management service often included, and access to up to 90% of an invoice’s value within just 24 hours of its issue, this funding facility has many benefits for businesses.
But how does it work? Download our free guide to see the invoice factoring process explained in a simple step-by-step diagram.