A form of debt whereby a lender will give cash in exchange for the debts you are due from your debtors. This amount will likely be the total value of the debtors, less a fee. In this instance, your business will collect payments.
​​This project has received funding through the Welsh Government Rural Communities - Rural Development Programme 2014-2020, which is funded by the European Agricultural Fund for Rural Development (EAFRD) and the Welsh Government. Delivered by BIC Innovation.s funded through the European Rural Development Fund (ERDF) and supported by Welsh Government and is delivered by BIC Innovation.