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Month: June 2016

Consider Invoice Factoring In 2009

With banks denying credit for most small businesses, companies are increasingly turning to invoice factoring for operating cash and expansion.

Factoring is increasingly popular: It is a form of commercial financing that uses a company’s oustanding, discounted invoices as collateral. So, instead of getting paid in 30, 60 or 90 days, the company gets cash in just a few days by offering discounted invoices to a factoring company.

Factoring Companies Provide Financial Relief

With banks denying credit for most small businesses, companies are increasingly turning to invoice factoring for operating cash and expansion.

Factoring is increasingly popular: It is a form of commercial financing that uses a company’s oustanding, discounted invoices as collateral. So, instead of getting paid in 30, 60 or 90 days, the company gets cash in just a few days by offering discounted invoices to a factoring company.

With banks denying credit for most small businesses, companies are increasingly turning to invoice factoring for operating cash and expansion.

Factoring is increasingly popular: It is a form of commercial financing that uses a company’s oustanding, discounted invoices as collateral. So, instead of getting paid in 30, 60 or 90 days, the company gets cash in just a few days by offering discounted invoices to a factoring company.