What is Factoring? - How Accounts Receivable Factoring Works

In this episode, Hussein explains what AR factoring is, gives a few examples of how accounts receivable factoring works, and talks about why businesses use this financial tool to improve cash flow. Why wait 30...45...or even 60 days to get paid on open invoices you've delivered on? Use factoring as a tool to improve cash flow and grow your company immediately. The process is simple: take and fulfill your orders as usual, then provide a copy of the invoice to your factor plus backup documentation. After that, your account executive will work as an extension of your back office, verify your receivables, provide the initial funding on the invoices, and work with you on a day-to-day basis to help monitor receivables. Interested in learning more about AR factoring? Visit http://www.divfunding.com/ for more information or to get a quote.