What is Past Due Invoice?

A past due invoice is where your customer has not paid your invoice according to the agreed upon credit terms. For example, if your selling terms are net 30 and on the 31st day, your customer has still not paid this is a past due invoice. There are many ways for you to take action or mitigate credit risk.

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How Invoice Factoring Can Improve Your Staffing Company Customer Relationships

How Invoice Factoring Can Improve Your Staffing Company Customer Relationships

“What will your customers think if your staffing company uses invoice factoring?” In today’s business environment the credit management benefits a factoring company provides are…
Top 10 Most Frequently Asked Questions Regarding Invoice Factoring

Top 10 Most Frequently Asked Questions Regarding Invoice Factoring

Invoice factoring is simply a cash flow solution that turns invoices into quick cash without adding any additional debt. Common in several industries, invoice factoring…
What is Invoice Factoring?

What is Invoice Factoring?

Invoice factoring is a financial transaction and a type of debtor finance. In an invoice factoring agreement, a business sells its accounts receivable (invoice) to…