Accounts receivable monetization, also known as factoring1, involves selling your invoices to the Bank. It allows you to leverage your accounts receivable to improve your cash management
Accounts payable monetization, also known as reverse factoring, is designed to improve your cash flow.
1 In accordance with applicable approval conditions and documentation covering pricing and compensation. Subject to conditions or restrictions. Subject to credit approval by National Bank. Speak to a branch advisor for more information.