A smooth cash flow is a prerequisite to a good business. Businesses have taken recourse to various kinds of financing to ensure that and the present times have seen the emergence of some alternative and non-traditional financing tools. Invoice Factoring and Invoice Discounting are two such tools.
Invoice factoring is a process wherein unpaid invoices are sold to a third party or factoring organization so that the business receives finance against the unpaid receivables and invoices. This tool hcontinue reading →