• Thank you for a great series of articles. In reference to the possibility of factoring your invoices, normally a factor will not purchase a receivable that is "aging" or "older". If they do purchase an older invoice you will pay a higher price (which is receiving less of the face amount of the invoice) and factoring is not cheap to begin with as you noted in your article. Factoring can be a good option if you doubt your client is going to pay you, or delay payment, by allowing the factor to take the payment risk (make sure you sell your receivable non-recourse to you). Whether or not you factor your invoice(s) it is always helpful if you can have your client sign the invoice or a delivery receipt acknowledging the project is complete and delivered as outlined.