factoring

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A popular option is factoring, which is when a business sells its accounts receivable at a discount to a third party, which collects and keeps the payments.

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Definitions (2)

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  1. The act of resolving into factors.

Toggle WordNet definitions WordNet (1)

  1. (mathematics) the resolution of an entity into factors such that when multiplied together they give the original entity

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Examples (50)

  • Single invoice factoring, also known as spot factoring, is a service that can speeds up cash flow and increase working capital. —  Find Free Articles - ArticlesBase
  • One of the oldest and most widely used forms of funding for businesses, standard factoring has been around for thousands of years. —  Find Free Articles - ArticlesBase
  • Trucking Dude: Invoice factoring is always a good alternative to small and ... —  OFW Center
  • In factoring, a business having trouble getting paid by clients hands over its invoices to a finance organization, or factor, which then collects from the clients. —  theleafchronicle.com - Local News
  • Key features include: electronic invoicing and associated document management and a wide variety of open account trade finance features such as factoring, receivables financing, pre-shipment financing and reconciliation. —  Bobsguide News
 

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