Short-Term External Sources of Finance: Debt Factoring (4/5)

Debt factoring is the process of a business selling its debt to a debt factoring company. The debt factoring company buys the unpaid invoice, so that the business can obtain immediate cash to finance its normal operation.

https://www.superbusinessmanager.com/short-term-external-sources-of-finance-debt-factoring-4-5/