A Few companies are reluctant to factor their invoices over fear that it's a sign of trouble or weakness. When you consider all the reasons why a company should factor, it becomes clear that invoice discounting is an excellent financial tool that can springboard a company to more sales, streamlined collections, reduced stress, and on-time vendor payments.

Factoring is a way for a company to raise money for their business without giving up ownership or taking on new debt. It's an alternative finance tool many companies use to stabilize their cash flow. Simply put, The Factoring Place purchases your outstanding invoices at a discount. In exchange for that discount (3-5%) you get paid immediately for your most recent invoice instead of having to wait 30, 45, or even longer to get paid.