Selling accounts receivable to obtain short term funds is called accounts receivable factoring

Many companies sell their accounts receivable to obtain short terms funds also known as accounts receivable factoring. Buffet Factoring offers short term funds at competitive discounts.

Accounts receivable factoring terms

  • Factoring Company purchases outstanding invoices at a discount
  • Client is the company that invoices the customer for products or services
  • Customer/Debtor is the company liable to pay for the products or services.