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What is a factoring company? How do factoring companies work? Learn about a factoring company meaning and an invoice factoring company here. What does a factoring company do and how does factoring work? You probably heard about invoice factoring but wondered “how does a factoring company work?”. The process is simple. Factoring companies (also called factoring lenders or factoring receivables companies) pay off your unpaid invoices. They provide you with funding when a customer or client is taking way too long to pay you. https://www.charcap.com/how-do-factoring-companies-work/ How does invoice factoring work? The best invoice factoring companies will charge you an affordable fee for their service. You send them your invoices and they will take a small fee for their service. The company will get paid back by the customer when they pay you for your services or products. Charter Capital is the best invoice factoring company if you are experiencing cash flow issues or slow-paying customers. We are a receivable factoring company providing easy funding and tailored factoring solutions for your business. For more info on “how do factoring companies work”, contact us today!