Invoice Factoring
By Gary Hewamadduma ACMA, CPA, CGMA, MBA, B.Sc.(Hons) in Computer Engineering Invoice factoring (AKA; invoice discounting, debtor financing, receivables factoring) is a great option for companies that need to manage their working capital but unable to secure a conventional short-term bank loan to increase short-term liquidity. Factoring should not be confused with “receivable financing” or…