BCFG

Factoring is a simple CASH FLOW financing tool that allows a business to turn its debtors into CASH – a factoring facility allows a business to release the cash owed to it in unpaid invoices.When you factor your accounts, you receive an initial advance of up to 90% of the invoiced goods or services within 24 hours.Simply, a business sells one of its assets, the accounts receivable (unpaid invoices), to raise working capital.