RECIEVABLE FACTORING – NOT A LOAN (No Payments, No Interest)
How it works:
, if you sell $100,000 worth of accounts receivables and get a 90 percent advance, you will receive $90,000.
The accounts receivable factoring company holds the remaining 10-percent or $10,000 as security until the payment of the invoice or invoices have been received. Once paid you sent the remaining balance less transaction fees.