Invoice Factoring is a financial service where businesses sell their invoices for immediate cash. It allows companies to receive payment on outstanding invoices quickly and without waiting for customers to make payments. Factoring businesses act as the middleman between the seller and the customer, providing the seller with a lump sum of cash which they can use to pay staff, suppliers and other bills while they wait for full payment from their customers. By streamlining the accounts receivable process, Invoice Factoring has become a popular way for businesses to manage cash flow and bridge the gap between waiting for customer payments.