Cash Flow and Invoice Factoring
As a small business owner, you need to be on top of your finances at all times. Even if your business is healthy and doing well, it’s imperative that you always understand where money is coming in and where it’s going. Unfortunately, in some cases, you may be waiting for payments from clients and customers, which can put you in a financial bind. Today we want to talk about managing your cash flow through Factoring. If you’re not familiar with this service, it may provide better financial stability than going through traditional lenders like a bank. Overall, we want to take a look at how Factoring can help and whether it’s right for you. What is Factoring? Depending on the kind of business...