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Open Account financing is going through a period of rapid change, thanks to digital innovation and competition. Recognised as a safe and flexible way for financing the real economy, we caught up with Erik Timmermans, founder of WOA, and John Brehcist, at their annual convention, to discuss the hottest topics in receivables finance.
What is the difference between invoice factoring and invoice discounting? Invoice factoring and invoice discounting are both types of asset backed finance aimed to help businesses release cash which are… read more →
Factoring companies work to finance many different types of businesses by having funding arrangements or a method whereby a business owner factors its receivable accounts (mostly invoices) at a discount… read more →
