What is Maturity Factoring
Factoring is a financial service that allows businesses to sell their accounts receivable (invoices) to a third party, known as a factor, in exchange for immediate cash. The factor advances a percentage of the invoice value to the business at the time of the sale and then collects payment from the customer when the invoice becomes due. There are various types of factoring in finance, and in this article, we discuss maturity factoring in detail.
