Invoice factoring provides immediate working capital by converting outstanding receivables into cash. This allows wholesalers and distributors to:
- Purchase more inventory without waiting for customer payments.
- Take advantage of bulk discounts from suppliers.
- Cover payroll, rent, and other operating expenses without financial strain.
- Expand business operations by investing in new markets or products.
- Avoid debt-unlike loans, factoring doesn't require collateral or monthly repayments.
