Unlike with invoice funding, the client is spending the factoring business in the place of you.

Unlike with invoice funding, the client is spending the factoring business in the place of you.

Whenever you factor an invoice, you will get a percentage of this invoice amount upfront through the factoring business as well as the rest of the invoice amount without the factoring company’s cost if your client will pay the invoice. As an example, with a $1,000 invoice which includes net-60 terms, you will get $900 today and another $50 in 60 times, making $50 for personal loan Delaware the factoring business. Continue reading →