face amount or face value definition

face amount or face value definition

Glossary: face amount or face value

Face Amount or Face Value is the total amount of an invoice. Face value is the amount that has to be paid to the factor by client's customer, without consideration as to how much was advanced to the client.


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Business Consulting

Definition: face amount or face value

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The invoices you issue upon a sale are sent to the factor who typically advances up to 80 to 90% of the invoice amount to you.

Factoring Glossary - Define: face amount or face value - 2004 HJ Ventures International, Inc.