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Factoring

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May 1, 2024 Updated May 11, 2025 25 minute read

Financial factoring is a specialized financial transaction where a business sells its accounts receivable (invoices) to a third-party, known as a factor, at a discount. This practice allows businesses to convert their outstanding invoices, which represent money owed by customers for goods or services already delivered, into immediate cash. Essentially, instead of waiting for customers to pay within the agreed-upon terms (which could be 30, 60, 90 days, or even longer), a business can receive a significant portion of that money upfront from a factoring company. The factoring company then assumes the responsibility of collecting the full amount from the business's customers.

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Reading list

We've selected 27 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Factoring.
A comprehensive handbook that covers all aspects of factoring, from the theoretical foundations to the practical applications.
Specifically focuses on prime numbers and computational methods for factorization. It covers various algorithms and their implementations, making it highly relevant for those interested in the practical and algorithmic aspects of factoring large numbers. Suitable for graduate students and researchers in computational number theory and cryptography.
A comprehensive guide to factoring that covers both the theoretical and practical aspects.
Considered a classic in number theory, this comprehensive book covers a vast range of topics, including prime numbers, factorization, and the distribution of primes. While it foundational text, its depth makes it suitable for advanced undergraduates and graduate students. It's a valuable reference for those wanting a deep dive into the theoretical underpinnings of factoring.
This standard graduate textbook on algebraic number theory. It delves into the theory of number fields and their rings of integers, where the concept of unique factorization needs careful consideration. is for serious graduate students and researchers.
This graduate-level textbook connects classical number theory with modern algebraic concepts. It covers topics such as factorization in number fields, which is crucial for understanding more advanced forms of factoring beyond integers. It requires a background in abstract algebra but is highly regarded for its comprehensive coverage.
Provides a comprehensive account of Nonnegative Matrix Factorization (NMF), a topic relevant to factoring in the context of data analysis and machine learning. It covers theoretical aspects, algorithms, and applications. This is highly relevant for professionals and graduate students in data science and related fields.
A practical guide to factoring that is written for business professionals, with minimal mathematics and a focus on real-world applications.
Introduces basic concepts from computational number theory and algebra with an algorithmic focus. It covers topics relevant to factoring, primality testing, and cryptography, and is suitable for advanced undergraduates and graduate students interested in the algorithmic aspects.
Provides a broad introduction to elementary number theory, including topics like prime factorization, divisibility, and congruences. It is well-suited for gaining a foundational understanding of factoring in the context of integers. The book also includes applications relevant to computer science and cryptography, making it useful for those interested in the practical aspects of factoring. It is often used as a textbook for undergraduate courses.
This textbook covers classical elementary number theory and elliptic curves, with the first part discussing elementary topics such as primes and factorization in the context of cryptography and computation. It is intended for undergraduates with some familiarity with basic abstract algebra.
This concise but deep book covers topics in both algebraic and analytic number theory. While not solely about factoring, it introduces fundamental concepts and results that are essential for understanding advanced topics related to factorization and prime numbers. Suitable for advanced graduate students and researchers.
Another well-respected textbook on number theory, this book covers a wide array of topics, including divisibility, congruences, and the distribution of primes. It is suitable for advanced undergraduates and beginning graduate students and serves as a solid reference for concepts related to factoring integers.
As the title suggests, this book offers an accessible and engaging introduction to number theory. It covers fundamental concepts such as prime numbers, modular arithmetic, and Diophantine equations, all of which are related to factoring. is excellent for high school students and undergraduates seeking a gentle yet solid introduction to the topic.
Offers a lively introduction to number theory, covering topics such as factorization into primes, congruences, and quadratic residues. It is suitable for undergraduates and provides a good balance of theory and examples.
Another book from the Art of Problem Solving series, this text focuses on number theory for middle and high school students. It covers prime factorization and its applications in a clear and engaging way, with plenty of problems to solidify understanding.
A historical perspective on factoring that is written for academic researchers.
Provides a historical perspective on classical polynomial algebra, including the numerical solutions of equations and factorization. It helps connect classical and modern algebraic concepts and is suitable for advanced undergraduates and those interested in the history of mathematics.
A classic high school algebra textbook that provides a thorough introduction to fundamental algebraic concepts, including factoring polynomials. While older, it is known for its clear structure and comprehensive exercises, making it a solid resource for building foundational factoring skills.
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