Invoice Discounting Services in India for Business

Invoice discounting is a financial practice where a business sells its accounts receivable, i.e., outstanding invoices, to a third party at a discount. This third party is typically a financial institution or a specialized company known as a factor. In return for the invoices, the business receives a percentage of the total value upfront, usually around 70-90%, depending on various factors such as the creditworthiness of the business's customers and the terms of the invoices.

Category: Business > Finance > Invoice-factoring Upgrade Options