Marine Factoring/Financing Explained.

Marine Factoring involves converting a company’s unpaid invoices into immediate cash which the company can then use in any legal way it chooses.

Business owners work with a Factoring Company (Factor) to ensure that they have the necessary cash flow to keep their business running easy and more efficiently.
Invoice Financing is a form of Revolving Business Loan or Business Line of Credit. Businesses can borrow money from a lender with the funds being secured and based on the value of one or more of their outstanding company invoices.

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