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Invoice Free Consulting Template Generic Pdf Create An To Print Sample Document Model Format Printable Blank Ms Word Compliment Slips Laptop Tax Contractor Book Towing Truck Service State

Published at Wednesday, March 13th, 2019 - 22:23:37 PM. Invoice. By Fealty Perrot.

After the purchasing company receives full payment for the invoice, you’ll receive the remaining value minus a ’factoring’ fee. This fee is based on a number of factors, including your customer’s credit worthiness, the average terms, and the invoice number and size. However, generally, the invoice factoring fee is up to five percent of the invoice value.

Another significant benefit of invoice factoring is the professional debt collection service provided by the factoring company. The factoring company is equipped to handle debt collections professionally and efficiently, leaving your staff to focus on core activities such as creating more sales. In addition, this will reduce your costs associated with processing invoices and handling collections costs.

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