Spot Factoring
Factoring a single invoice on a one-time basis, rather than entering an ongoing agreement to factor all of a business's invoices.
Spot factoring gives a business flexibility to raise cash against one specific invoice when needed, without committing to a longer-term factoring relationship or factoring its entire receivables ledger.
Because it’s a one-off transaction, spot factoring often carries a higher per-invoice fee than a whole ledger arrangement, where the factoring company benefits from a larger, ongoing volume of business.
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