A factor is a financial intermediary that purchases receivables from a company. It agrees to pay the invoice, less a discount for commission and fees.

Small businesses continue to face significant financial strain driven by how and when their customers pay. > Billing Labor: A typical business spends 14 hours per week chasing invoices, taking time ...

For UK businesses waiting 30, 60, or even 90 days for customers to pay, the gap between issuing an invoice and receiving ...