Factoring

Sometimes referred to as Accounts Receivable Financing. Factoring is Your No – Debt Solution to your business Cash Flow Problems. Commonly known as Factoring, Accounts Receivable (AR) Financing is oneof the oldest types of commercial financing. In simple terms, it is a process that entails the selling of receivables oroutstanding invoices at a markdown to […]

SECA Funding Company Specialty Finance can be defined as financing activity that takes place outside of the Traditional Banking System such as Factoring. Receivables Factoring, is when a company buys a debt or invoice from another company. Invoice Factoring turns business invoices into an immediate legal Line of cash when a business really needs Fast Cash/