Explore the meaning of factoring services in India, how they optimize cash flow and support business growth. Factoring services involve converting accounts receivable into cash by selling invoices to a factor, facilitating quicker access to working capital for businesses facing liquidity challenges. This financial strategy helps businesses maintain steady operations and seize growth opportunities effectively.
Factor’ has been derived from the Latin word ‘Facere’ which means ‘to make or to do’. According to Webster's Dictionary, ‘Factor’1 is an agent, as a banking or insurance company, engaged in financing the operations of certain companies or in…
