How can invoice factoring benefit my business?

Invoice factoring consists of transferring the invoices issued by a business to its clients to the bank. The invoices are paid directly by the bank, and the business receives its sales revenue much more quickly.

This short-term financing solution, invoice factoring, offers several advantages :
 

• It receives the proceeds of its sales almost immediately
  
• It is relieved of managing its account receivable
  
• It protects itself against certain risks related to its current invoices 

You can also improve your liquidity by monetizing your accounts receivables and payables.