: You provide a service to a client and send a copy of the invoice to the factoring company.
: The most common type; you must buy back the invoice if your customer fails to pay. companies that buy invoices
: Favored by online-first small businesses for its quick, tech-driven application process. Key Benefits and Risks Risk/Drawback Cash Flow Provides immediate capital for payroll and growth. : You provide a service to a client
Factoring is not a loan; it is the sale of an asset. The process generally follows these steps: companies that buy invoices
Before signing, it is critical to distinguish between and Non-Recourse agreements: