I don't think that's what the parent comment is talking about. It's talking about selling non-defaulted invoices as, essentially, a form of secured financing fo

I don't think that's what the parent comment is talking about. It's talking about selling non-defaulted invoices as, essentially, a form of secured financing for the vendor company. The invoices are highly likely to get paid in the ordinary course and usually the company selling them even continues to "service" them, ie, to liaise with the underlying customer and receive payment. It's a very different business to debt collection.