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Factoring
is the sale of receivables whereas
invoice discounting is borrowing where the receivable is used as
collateral. The sale of the receivables essentially transfers
ownership of the receivables to the factor, indicating the
factor obtains all of the rights and risks associated with the
receivables. |
Convenient -
created a reliable and efficient environment with easy payment
options for all your service needs. With a quick verification
process we can fund your pre-arranged account with funds within
minutes. |
Specialty
- is factoring trucking and freight
companies and individuals. We also finance in other
industries - just contact us to see if we can serve
you. |