Factoring Companys -

Unlike a traditional bank loan, factoring is not debt; it is the sale of an asset (accounts receivable). The process typically follows a five-step cycle:

The Strategic Role of Factoring Companies in Modern Commerce factoring companys

: Once the client pays, the factor releases the remaining balance to the business, minus a factoring fee (typically 1% to 5%). Key Benefits for Growing Businesses Unlike a traditional bank loan, factoring is not