How does factoring work?

Factoring works as a financial service where your company works with Qred. In this arrangement, you sell your outstanding invoices to the factoring company instead of waiting for your customers to pay.

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The factoring company pays you immediately for your invoices, giving your business quick and reliable liquidity.

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This means you can use the released funds to cover immediate needs and investments without having to worry about long waiting times for payments from your customers.