mdi-chevron-left Go Back

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount.

Business Glossary provided by Plannit.ai
Factoring is a financial arrangement in which a business sells its invoices to a third party, called a factor, at a discount...
View Glossary Writing a Business Plan?

Starting or Running a Business?

Generate a business plan in minutes.

Get Started
Business Owner