The Factors industry is a type of short-term business credit institution that provides financing to businesses by purchasing their accounts receivable at a discount. This allows businesses to receive immediate cash flow instead of waiting for their customers to pay their invoices. Factors typically specialize in certain industries and work closely with their clients to manage their accounts receivable and minimize risk. The industry involves analyzing creditworthiness, managing collections, and providing financing solutions to businesses of all sizes. Factors play an important role in the economy by providing a vital source of working capital to businesses that might not otherwise have access to traditional financing options.