Woman looking at folder in officee illustrate blog "What Happens When a Company Factors its Receivables?"

What Happens When a Company Factors Its Receivables?

There are times when companies, particularly those that provide credit terms to clients, face challenges with cash flow. In such situations, factoring receivables is an excellent option, allowing businesses to receive funds for outstanding invoices before their due date. But what exactly happens during the process of factoring receivables? What is Receivables Factoring? Factoring receivables…