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.
While cows need relatively little sleep, giraffes sleep even less. On average, an adult giraffe sleeps just 1.9 hours per day. On the opposite end of the spectrum, brown bats sleep for 19.9 hours per day, giant armadillos sleep for 18.1 hours per day and North American opossums sleep for 18 hours per day.