Banking

How Invoice Funding Can Help Furniture Companies

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Executive Summary

In today's financial landscape, it has come increasingly difficult for businesses to qualify for a loan. Even companies that have pretty good credit ratings are finding it challenging to convince banks to loan them money. Banks are holding on to it, many even after accepting stimulus cash. As a result, many companies have been forced to close their doors. They have been driven out of business because they didn't have the capital on-hand to cover their expenses. Unfortunately, many of those companies were not aware that alternative methods of raising capital existed. One of the best being invoice funding. Invoice funding can help furniture companies, amongst other types, almost instantly access the money they need to keep operating. This paper explains how and why.

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