Factoring /ˈfaktəring/ (n.)
A type of financing in the form of purchasing and collecting accounts receivable (invoices) or of advancing cash on the basis of accounts receivable (invoices).
How It Works
Factoring is a type of financing in the form of purchasing and collecting accounts receivable (invoices) or of advancing cash on the basis of accounts receivable (invoices). At TXP Capital, our team understands the importance factoring plays in keeping your business moving forward. We created this short video to help easily explain how factoring can be a lifeline.
