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Factoring Accounts Receivable
Factoring is the sale of commercial invoices or Accounts Receivable at a small discount. Businesses can generate cash and improve cash flow without taking on additional debt. Factoring use to be a financing source used by the textile and furniture industries. Today, factoring has become a source of financing in any industry that creates Accounts Receivable by extending terms to its business customers.
Retail Installment Contracts and Consumer Receivables
Retail Installment Contracts allows consumers to buy high priced products and services on terms over several months or years and allows the retail merchants to sell more products and services.
Accounts
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