How to Avoid New Debt With Factoring
When it comes to your business, you want to grow and thrive as much as possible. However, expansion can require additional capital, whether it’s moving into a bigger facility, hiring new employees, or buying more assets for your company. In many cases, business owners believe that the only way to secure funding for these initiatives is by obtaining a bank loan. However, the downside of this process is that it can hurt your credit rating, as well as add more debt to your plate. If you already have obligations you need to pay off, going this route can be more of a burden than anything. Fortunately, there is another way. Today we want to talk about how factoring can help you avoid...
25 June, 2019
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