A/R Finance & Factoring Terms GLossary
Definition ofPre-Billing
Pre-Billing is submitting a request for payment before your product or services have been provided to your customer. If you are pre-billing this should be disclosed to the factoring company immediately.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "P"
- Production Finance
- Purchase Order Funding or PO Financing
- Purchase Order
- Proof of Delivery (POD)
- Process of Factoring
- Prime Rate
- Property, Plant, and Equipment (PP&E)
- Principal and Interest (P&I)
- Personal Guarantee
- Peer Lending
- Perishable Agricultural Commodities Act (PACA)
- Pay when Paid Clause
- Past Due Invoice
- Paid in Capital
