debt factoring

• debt factoring - selling sales invoice to a third party at a discount
• pros and cons - debt factoring

  p - improved cash flow as it allows u to get cash from invoices without having to wait for ur customers to pay

  p - no interest paid

  p - reduces financial stress as it predicts cash flow

  c - costly

  c - lose control over relationships with customers as customers may not understand and question why you’re using it

  c -short term dependency