Will Factoring Work For My Business?

2018-03-09T11:43:37-05:00

Growing, expanding and running your business requires cash and funding. Many companies find this needed cash through traditional funding situations like bank loans. However, these don’t work for every business. When a company has unique funding needs they often look for alternative options like factoring. But, often times you're left thinking: will factoring work for my business? What is Invoice Factoring? One funding option is invoice factoring. Businesses or companies can sell their accounts receivable invoices (at a discount) to a funding source for cash, essentially factoring future payments for funding now. But, would factoring work for your business? Isn’t Factoring [...]