In the real world everyone refers to working with a third party financing party (known as Factor) to improve your cash flows as accounts receivable factoring. However it turns out that there are different ways to use your customer’s invoices to smooth out your cash flows. This article will discuss the difference between factoring and discounting. Factoring When a company factors its account … [Read more...]
Accounts Receivables Financing: Invoice Factoring Vs. Invoice Discounting
By Filed Under: Accounting, Financial Planning
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