24/10/2022
Debt factoring is when a business sells its accounts receivables to a third party. That third party pays the business a percentage of the total amount originally charged to the client and usually takes full responsibility for collecting the payment from the buyer. This transaction allows businesses to get quick access to cash before the clients pay for the goods or services received…...
Debt factoring is when a business sells its accounts receivables to a third party. That third party pays the business a percentage of the total amount