Many large businesses work with invoice factoring companies because factoring can provide them with funds they need quickly – in as little as 24 hours in some cases. When invoice factoring companies purchase invoices from a company’s accounts receivable, that business can get cash then rather than wait the typical 30-90 days for customers to pay to receive said cash. This constant flow of working capital can allow businesses to do things like hire more staff, expand offices, or purchase necessary equipment. In fact, the reason many businesses Here are some of the top large volume industries that benefit from invoice factoring: