Invoice Factoring Guide
Many small businesses operate at a major disadvantage against larger competitors. To compete, many are forced to make sales on credit with lengthening payment terms. But their customers are often in no hurry to make payment. Waiting to get paid causes cash flow and net working capital shortages, hindering a business’ ability to meet daily funding obligations. In short, these delays threaten your small business. But what can you do? Small business funding is very difficult to obtain. Today, businesses are turning to invoice factoring (also known as accounts receivable factoring) to fill short-term cash flow needs, without adding any new debt. We offer a list of invoice factoring companies (including Fleet One factoring, Crestmark Bank and Apex Factoring) and review many of them for you.