Published at Sunday, March 03rd, 2019 - 11:01:46 AM. Invoice. By Ivonne Legoff.
Cash flow shortages can happen to almost any business, but invoice factoring can provide a quick, easy solution. Invoice factoring involves the selling of your account receivables or invoices to secure immediate working capital.
Advantages of Invoice Factoring Besides providing fast access to capital, invoice factoring offers a number of other important advantages. It gives you unlimited access to funds without adding liability to your balance sheet. Because invoice factoring isn’t a loan, there’s no debt or monthly payments involved. Plus, invoice factoring is a flexible arrangement because it doesn’t require any long-term contracts.
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