This might affect its cash flow status. As a result, small business owners may not have immediate cash to buy raw materials in bulk, pay salaries and take care of other maintenance costs. In these cases, invoice factoring is a good option for them. Keep reading to learn more about what is invoice factoring and how it can help small and medium businesses. What is Invoice Factoring? This is a process where a factoring company (also known as a factor) buys unpaid invoices from the business owners in return for an immediate advance to them.

Festive seasons bring a lot of joy and cheer, but that’s not all about them. They also bring multiple opportunities for consumer brands to make profits. The demand for products increases multifold during important festivals in India like Diwali, Navratri, Holi and more. Manufacturers need to produce goods at a rapid pace to meet this increasing demand. They have to be equipped to meet the increased orders from customers. What makes them well-equipped to face the festive season with confidence?