What is Spot Factoring?

Spot Factoring involves selling individual invoices or a small batch of accounts receivable to a factor for quick access to cash, suited for short-term needs.

What is Whole Ledger Factoring?

Whole Ledger Factoring is where the entire accounts receivable book is sold to a factor, providing long-term financing and a stable revenue stream.

How do technological advancements impact factoring?

Technological advancements, like digital platforms and data analytics, have made factoring more accessible and efficient, allowing for real-time tracking and automated processes.

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