{"id":1850,"date":"2022-12-16T14:46:35","date_gmt":"2022-12-16T14:46:35","guid":{"rendered":"https:\/\/capflowfunding.com\/7-things-you-need-to-qualify-for-invoice-factoring-services\/"},"modified":"2024-10-08T11:38:23","modified_gmt":"2024-10-08T11:38:23","slug":"7-things-you-need-to-qualify-for-invoice-factoring-services","status":"publish","type":"post","link":"https:\/\/capflowfunding.com\/7-things-you-need-to-qualify-for-invoice-factoring-services\/","title":{"rendered":"7 Things You Need to Qualify for Invoice Factoring Services"},"content":{"rendered":"
Invoice factoring is a service provided by alternative financing companies that involves selling your <\/span>outstanding invoices<\/span><\/a> in exchange for cash, notably known as factoring. The factoring company or \u201cfactor\u201d purchases an outstanding invoice, and advances a percentage of that invoice. Additionally, the factoring company will handle payment collection of the invoices directly with your customers. Invoice factoring services provide many benefits for a business, but there are qualification requirements to keep in mind when applying for invoice factoring. <\/span>\u00a0<\/span><\/p>\n <\/p>\nFactoring Application <\/span><\/b>\u00a0<\/span><\/h2>\n