Invoicediscountingallows a business to draw money against its sales invoices before the customer has actually paid.
From
Wikipedia
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There is another area that is worthy of further consideration, and that is factoring andinvoicediscounting.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Given the expense involved with the premiums that are paid to the companies that act in this area,invoicediscountingand factoring have become, to some extent, unpopular.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
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