Selling unpaid invoices to a third party (the factor) at a discount in exchange for immediate cash. Useful for roofing contractors carrying receivables on commercial jobs or large insurance-restoration claims with slow payout cycles.
F
Selling unpaid invoices to a third party (the factor) at a discount in exchange for immediate cash. Useful for roofing contractors carrying receivables on commercial jobs or large insurance-restoration claims with slow payout cycles.