
How Factoring Differs from a Bank Loan
When you’re building a business, you should take advantage of a diverse set of funding options. It’s important to understand the ideal choice for each scenario. While factoring and bank loans can both act as
When you’re building a business, you should take advantage of a diverse set of funding options. It’s important to understand the ideal choice for each scenario. While factoring and bank loans can both act as
Invoice factoring offers an outstanding way to secure your cash flow and lower risk at your staffing firm. However, it’s important to understand some of the intricacies of the process before jumping in. That way,
Ever tried to collect a debt from a friend? It can be a tricky endeavor. You want to get the money you’re owed without jeopardizing the long-term relationship. The same dynamic comes into play when
Factoring allows you to get paid for sales you have already made. By leveraging your outstanding invoices, you can receive cash up front. This gives you added confidence in your cash flow and helps you
Invoice factoring offers a valuable addition to any financing program. However, if you haven’t used this strategy before, you might not be sure how to get started or if you will qualify. The process is
Invoice factoring offers an excellent opportunity to improve your funding situation. However, there are misconceptions about the process that prevent many staffing firms from reaching out. Specifically, companies worry that factoring will change their relationship