Date Added: Jan 2010
Accounts receivable financing is an amazing way for businesses, both new and old, to receive cash fast. Though it is a very effective method of financing one's business, many companies are unaware that it exists. This is unfortunate as many companies would likely be able to benefit from it. Accounts receivable financing involves a company selling their invoices to a factoring company. A factor will pay them a certain percentage of the amount of the invoices.