INVOICE FACTORING LOAN

Do you have unpaid invoices? Are the funds that you would have used as investment into your business tied up as invoices? Can you sell these account receivables in order to have cash in hand to quickly grow your business? You can use those unpaid invoices as collateral for funding. The lender (the factor) can collect payment of those unpaid invoice for you if you sell it to them. The lender gives the borrower some portion of the invoice amount. Your asset is your outstanding invoice if your customers take a long time to pay.