This document discusses various types of factoring. Factoring allows a seller to receive immediate payment from a third party for invoices, with the third party then collecting payment from customers. There are several types of factoring arrangements: recourse factoring, where the seller bears the risk of non-payment; non-recourse, where the factor assumes this risk; maturity factoring with no advance but payment after collection; and advance factoring with a 75-85% advance. Factoring can also involve invoice discounting, various levels of services provided, and domestic versus cross-border arrangements.