How Does Factoring Work? Factoring is a transaction in which a business sells its invoices, or receivables, to a third-party financial company known as a âfactor.â The factor then collects payment on those invoices from the businessâs customers. Factoring is known in some industries as âaccounts receivable financing.â. The main reason that companies choose to factor is that they want to receive cash quickly on their receivables, rather than waiting the 30 to 60 days it often takes a customer to pay.
Giraffes ruminate day or night, with periods of sleep in between. Giraffes also rest with their eyes open, standing or lying for three to five minutes at a time. Throughout the night, a giraffe may deeply sleep for five to 10 minutes lying down, yet they rarely sleep more than 20 minutes total per day.
Giraffes sleep between ten minutes and two hours in a 24-hour period, averaging about 2 hours per day. Since an adult giraffe would make a good supper for a lion on the African plain, theyâve evolved some very interesting sleep patterns.