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Glossary
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Invoice Factoring

Invoice Factoring

What is Invoice Factoring?

Selling invoices to a third party at a discount in exchange for immediate cash, which can then be used to finance materials

More In-depth Definition of Invoice Factoring

Insulation is a material or system used to reduce the transfer of heat, sound, or electricity between different environments. In construction, insulation is applied to walls, roofs, floors, and other building components to enhance energy efficiency, maintain comfortable indoor temperatures, and reduce noise. Common insulation materials include fiberglass, foam board, and spray foam.

Example of Invoice Factoring

Financing method where invoices are sold to get immediate cash.