So many authors, including myself, have written about the benefits of invoice factoring explaining how we help businesses in need of working capital. Just type something like, “benefits of invoice factoring” into your favorite search engine and you will find pages of articles telling you how factoring works and why it is the best solution for your business. As the owner of a factoring company I can definitely say that factoring is an extremely useful tool to help businesses grow by unlocking cash in the form of an account receivable. But is factoring a one fit all tool for all businesses to achieve growth? As a featured speaker and panelist at small business workshops over the last several years, I’m fortunate to be given the … [Read more...]
3 Business Factoring Benefits To Grow Your Bottom Line
Although there are many benefits to business factoring over getting a line of credit, consider these… 3 Ways Invoice Financing Can Help Your Business Factoring Benefit #1 - Take On The Slow Payers What?!? Purposely take on accounts that have slow payers? That is right… … [Read more...]