Sell account receivables is where your A/R and open invoices are your most valuable asset. You sell your open invoices at a small discount and you get the cash now.

Benefits

• You don’t give up equity as with investment capital or new partners.
• You can take advantage of supplier early payment and volume discounts.
• You have the ability to make volume purchases from suppliers.
• No more offering early payment discounts to customers.
• Elimination of your bad debt. Factoring is non-recourse.
• No additional debt, factoring is not a loan. (off balance sheet)