What is 3rd Party Payee?

3rd Party Payee – A person who is specified in a Payment Order as the intended recipient of the funds the subject of the relevant Payment Transaction and who is not a Customer Payee.

3 Reasons Your Customers Will Like Invoice Factoring

3 Reasons Your Customers Will Like Invoice Factoring

Companies of all sizes use invoice factoring (a.k.a accounts receivable financing) to get the capital they need to grow their businesses. Not only has invoice…
Checklist: How to Choose the Best Factoring Company

Checklist: How to Choose the Best Factoring Company

You’ve made a great decision; to leverage your accounts receivable and access fast cash by factoring your invoices. The next step is to find the…
Factoring for Small Business

Factoring for Small Business

Why Would A Small Business Use a Factoring Service? When your small or mid-sized business needs fast, flexible working capital financing, factoring companies provide needed…

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