Learn what factoring services entail, and how they benefit businesses in India with improved cash flow and financial management. Factoring services involve selling invoices to a factor at a discount, providing immediate funds to businesses, mitigating credit risk, and supporting economic growth across various industries.
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…