Factoring is available to almost all B2B businesses. If you provide goods or services and invoice another business for them, you can sell your invoices to a factoring company for a fast advance on their balances. Factoring is used every day by businesses of all sizes, whether they are small businesses, startups, or fully established corporations. Factoring is available to businesses in almost all industries, though you’ll often find factoring companies that specialize in supporting:
- Staffing Agencies
- Transportation/ Trucking Companies
- Freight Brokers
- Manufacturing Companies
- Government Contractors
- Wholesale and Distribution Companies
- Technology and Software Development Businesses
- Oilfield Companies
- Medical and Healthcare Companies
