Invoice factoring or the practice of selling receivable-invoices to a third-party at a discount in exchange for getting the cash now is a legitimate option for businesses that know they cannot rely on banks or governments to keep them afloat.
Why should a chief financial officer be interested in invoice factoring is the subject of PodChat for FutureCFO’s dialogue with Morgan Terigi, co-founder and CEO, Incomlend, an invoice exchange platform for connecting businesses and private funders on a global level.