Business invoice factoring is a type of financing that enables companies to quickly convert their outstanding accounts receivable into cash. Through this process, businesses can gain access to funds without taking on debt or waiting weeks (or months) for payments from customers. By selling their unpaid invoices to a third-party factoring company, the business receives an immediate cash advance from the lender, which can be used to cover operational costs and other expenses. With business invoice factoring, companies are able to keep their operations running efficiently and grow sustainably– all without needing to wait for customer payments.