Date Added: Jan 2010
Unless you have the privilege to have attended business school, you probably don't know what invoice factoring is. Perhaps you have never even heard of it. Do not worry: not everyone has and, even if they have, they may not understand what they have heard. It is only common in a business setting (or, to be more specific, a failing business setting). So, to help you know what this process is, we have assembled simple definitions. This paper explains you what invoice factoring is and why it is important to businesses everywhere.