What is factoring, and how can it benefit your business? Managing cash flow is one of the biggest challenges for companies, especially those working with extended payment terms. That’s where factoring comes in. This financing solution enables companies to quickly convert their receivables into cash, giving them immediate access to the funds they need to
Following the summer period, many companies have accumulated accounts receivable that remain unpaid. Companies that continue to operate during this period can find themselves with numerous outstanding payments and a strained financial situation. In such circumstances, factoring can be a valuable solution. What is factoring? Factoring is a financing method in which a company sells
What is factoring financing? Factoring is a simple financing solution that involves discounting your invoices once the service has been rendered. This means you get paid immediately instead of waiting 30 to 60 days for your money. Factoring, a simple financing solution Affiliated Financial Services helps businesses with their financial needs on a daily basis.
