When banks turn you down for a bankable business loan, what are you going to do? Utilize accounts receivable financing, a practical approach of getting cash fast. Factoring is the process of selling outstanding receivables to a financial institution. The average amount financed against your outstanding invoices aka (invoice factoring) is approximately 60 to 85 […]
Accounts Receivable Financing
Factoring Your Accounts Receivable for Capital
How does Factoring your Accounts Receivable Work? Factoring accounts receivable is a popular business line of credit; the line of credit is secured by your receivables. The age of your receivables make a huge impact on the underwriting decision of your loan. The older your receivables are, the less likely they can be accounted for […]