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.

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

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.