In this post on Business.com Rick Hulz describes how banks have not been able to meet the working capital needs of young companies that have excellent businesses but don’t meet the bank’s lending criteria. The post describes how invoice financing can come to the rescue. The post describes what is invoice factoring, it’s history in the US starting from the garment industry in the 1900s, how it solves your financial problems, what happens if an invoice does not get paid and how to decide when factoring makes sense for your business.
Login
Business
App Developer
Illinois State Vendor