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When Should a Business Use Factoring?

July 7, 2009 by TracyZ · 2 Comments 

Opportunity-factoring-290Need to meet payroll?  Are suppliers demanding payment?  Has the bank reduced or pulled your credit line?  These are just a few of the challenges facing businesses in today’s economy.

In fact over one third of banks surveyed by the Federal Reserve in April 2009 have reported a decline in credit line and credit card limits for businesses. Read more

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