Here’s how to qualify your business for invoice factoring. Invoice factoring involves a business selling its credit-worthy outstanding invoices to a factoring company at a discounted rate. The invoice factoring company can offer up to 90% of the amount of the invoices. This is an excellent source of credit for businesses that need it immediately […]
outstanding invoices
Is It Easier to Qualify for Invoice Factoring Than Conventional Loans?
3 years ago
Cash flow issues are a common challenge faced by businesses, especially smaller ones and start-ups. They require business financing for expansion, marketing, buying equipment, and much more. See why Qualifying for invoice factoring is easier than conventional loans here. Typically, big businesses have the option to approach banks to apply for loans to increase their […]