Receivables Factoring: An Easy Way to Free Up Cash from Unpaid Invoices
Published Thursday, April 20, 2006 by Money Man Mike | E-mail this post
Once the factoring company receives full payment for the invoice, you'll receive the remaining amount-minus a fee.
- The rest of the advance minus the factoring fee - When your customer pays the invoice, you will receive the the rest of the advanced funding, minus the factoring fee or discount rate.
Tagged: debt
