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 (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs.

Here are Examples

6 = 3 x 2   and 6 = 1 x 6 so, factors of 6 are 1, 2, 3, 6

9 = 3 x 3     and 9 = 1 x 9    so, factors of 9 are  1, 3 and 9