Single Invoice Factoring Provides Cash Flow for Small Businesses

FROM MARKETWIRE

May 13, 2009 BETHESDA, MD 

The Interface Financial Group (IFG), North America’s largest alternative funding source for small business, reports instances where invoice factoring, when a business sells its accounts receivable invoices at a discount, has helped a company stay in business in the midst of the current global economic downturn.

A recent report by BizBuySell.com, which tracks the health of small business, indicates that there has been a decline in business-for-sale transactions and valuations. Additionally, the number of closed transactions reported in the first quarter decreased by 36 percent as compared to the same 2008 time period. As many small business owners across the country are struggling, many looking for answers on how tough times are affecting the value of their businesses. Read more

Recourse and Non-recourse Factoring

The big difference between recourse factoring versus non-recourse factoring is the party at risk for bad debt.

Understanding this important distinction will help a business select the right financing terms when factoring invoices and accounts receivable. Read more