Category Accounting

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

What is a Factoring Discount?

Two person making factoring computation

A factoring discount is a percentage of the invoice amount that is discounted when a business sells its invoice to a factor, also known as an invoice financing company. A factoring discount is a cost-effective solution for businesses looking to…

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