Earlier quoted context omitted.
That sounds similar to creditors selling the right to collect debt repayments to a debt collector, or patent holders selling their patents to a patent enforcement company or patent troll (usually the same).
Here in Belgium there's a platform on which you can sell invoices that have say a 90 day payment term to someone who'll give you say 95% of it, if you need that money immediately. They then get the full invoice after 90 days.
I had a small business once with a few large outstanding invoices. These were owed to us (small company) by a very large organisation. Our payment terms were 30 days and the invoices were now out to 120 days. We were hurting very badly, but had pretty much no leverage over the very large organisation to make them pay - we weren't the only game in town and they could just take their business elsewhere.
Anyway, we investigated factoring of the invoices and we certainly weren't offered 95%!! This was probably 10 years ago now, but I recall we would only received something like 70% of the total invoice value. I thought it was a real rort.