HRBC FACTORING

HRBC Factoring services, also known as invoice factoring, involve a business selling its unpaid invoices to a HRBC factoring, which then advances a portion of the invoice amount to the business and takes on the responsibility of collecting payment from the customer. This helps businesses improve cash flow by getting paid quickly instead of waiting for their customers to pay.

How invoice factoring works

Paper documents wrapped with a ribbon that has a checkmark on it.

Step 1You sell your invoice to a factoring company(HRBC)

Cash with a green percentage sign on the top-right corner.

Step 2Factoring company(HRBC) advances you a percentage of your invoice amount.

Step 3Factoring company(HRBC) collects repayment from your customer.

A green bank that has a coin slot at the top where a hand is depositing a coin.

Step 4Factoring company(HRBC) sends you the remainder of the invoice amount, minus fees.

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