Banking

Accounts Receivable Factoring As A Source Of Financing

Date Added: Jan 2010
Format: HTML

Getting back your money stuck in the accounts receivable section of your financial statements is not an easy job. It gets so complicated that some companies decide to have another company do that job for them. Accounts Receivable Factoring is a way of achieving this and getting funding at the same time. You benefit from using factoring because you end up saving money, the one that otherwise invested in the collection process.