Our Business
Apex HQ strives to be the best at what we do. Factoring:
Apex’s primary function is to serve as a funding source for companies that need working capital. What is factoring? Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (in this case Apex) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset-based lending against accounts receivable. Factoring, simply is the sale of receivables.
Next Steps...
Should you have a need for receivable financing or just have a few questions, please reach out to us.