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.
Loren Shifrin is the CEO for Revolution Capital, one of the country's leading providers of factoring and cash flow financing. Over the past 30 years, factoring has undergone a significant ...
Invoice factoring can help business owners get paid faster on invoices for work they’ve already performed. Invoice factoring isn’t ideal for all industries and is more expensive than other financing ...
Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount ...