USING ACCOUNTS RECEIVABLES TO RAISE FUNDS
What are accounts receivables? This is an accounting term dealing with customer billing for products and services given in advanced of payment from customer. An invoice is sent to the customer stating a time frame in which payment is expected. Did you know you could use accounts receivables to raise capital? The term for this is Factoring.
Factoring is when you sell accounts receivables (invoices) at a discount to raise the needed capital.
What are accounts receivables? This is an accounting term dealing with customer billing for products and services given in advanced of payment from customer. An invoice is sent to the customer stating a time frame in which payment is expected. Did you know you could use accounts receivables to raise capital? The term for this is Factoring.
Factoring is when you sell accounts receivables (invoices) at a discount to raise the needed capital.