Wholesale Invoice Factoring

Factoring in wholesale and distribution is a financial service where you sell your invoices to get paid immediately, instead of waiting for 30 to 90 days. It works by selling your company’s invoices to a factoring company and converting your existing receivables into cash that you can use to cover your operating expenses.

The benefits of invoice factoring for wholesale and distribution include immediate cashflow, opportunity for growth, reduced administrative tasks, credit management insights, and flexibility in finance management.

Factoring can be especially effective for wholesalers. Given the nature of the wholesale industry, where businesses often must wait for extended periods to receive payment after delivering goods, cashflow can become a challenge. Factoring addresses this problem by providing immediate access to cash.