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Glossary
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Invoice Factoring

Invoice Factoring

What is it?

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

Definition

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

Financing method where invoices are sold to get immediate cash.