There are several benefits to Business Invoice Factoring.

Up to 98% of the gross invoice value can be advanced by factoring companies often within a day of the invoices being raised; the balance is then made available to you upon settlement of invoice
Financial planning is made much easier because you know that the money you earn [...]

When asking the question, what is invoice factoring, it is important to make a clear distinction between what is invoice discounting and what is invoice factoring. Although often confused, these two methods of finance are markedly different. Invoice discounting (and what is invoice financing essentially), is when you loan money on the strength of [...]