💼 Business Financing
Factoring
Selling outstanding invoices to a third party at a discount in exchange for immediate cash.
Common Uses
- Immediate working capital
- Outsourcing collections
- Funding growth without debt
General Characteristics
- Invoices sold at a discount
- Factor collects from customers
- May be recourse or non-recourse
Potential Provider Types
- Factoring companies
- Commercial finance companies
- Alternative lenders
Important Considerations
- Discount rates and fees
- Customer relationships and collections
- Recourse vs. non-recourse
This information is general and educational only. Eligibility, rates, fees, and terms vary by provider and are determined solely by the provider. Trio does not assess whether you personally qualify for any financing.
Trio Marketplace is not a financial institution, lender, mortgage brokerage or financial advisor. Trio does not provide, approve, arrange or guarantee financing. Financing products and services are provided by independent third-party providers. Eligibility, rates, fees, terms and approval decisions are determined by the applicable provider.