Invoice factoring, also known as accounts receivables financing, can help government contractors acquire new business. As cash flow issues can strain company resources and inhibit growth, invoice factoring is a tool where contractors can receive immediate financing against the outstanding invoices owed to them by clients. Kore Capital explains how invoice factoring can help government […]
Factoring vs Collections for unpaid invoices
4 years ago
Factoring companies and collection agencies help businesses get paid on their unpaid invoices for services rendered. As much as they seem similar, they differ in their processes to a great extent. It is important for a business owner to understand the difference between factoring and collections to minimize the risks of non-payments in the future […]