Factoring trade receivables involves selling outstanding invoices to a third-party (factor) for immediate cash, providing businesses with quick access to working capital. This financial practice helps companies improve cash flow by converting accounts receivable into immediate funds, mitigating the impact of delayed payments. Factoring trade receivables is a strategic solution to accelerate liquidity and support ongoing business operations.
Reimagine Your Order-To-Cash with AI
Touchless Receivables. Frictionless Payments.
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