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Mytriumph aims to give you and your business the tools to get paid as quickly as possible. Submit all invoices and supporting documents directly through the portal. Get instant feedback on paperwork quality to avoid late payments. It makes filing loads and paperwork easier than ever. Technically, invoice factoring is not a loan, instead you sell the invoices to the factoring company at a discount for a lump sum of cash. The factoring company then owns the invoice and gets paid when it collects money from your client, which usually takes 30 to 90 days.
time Updated: Dec 07,23

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