Banking

In Wake Of Bank Cuts Small Businesses Employ Accounts Receivable Factoring In 2010

Date Added: Jan 2010
Format: HTML

Many small to medium-sized businesses are now employing accounts receivable factoring as an alternative form of financing in the year 2010. According to a December survey of 700 business owners, 051 percent of small businesses have experienced cash flow issues in the last 90 days.. (Source: December Discover Small Business Watch Report.) The remaining 45 percent surveyed have not experienced cash flow issues, and 4 percent are not certain.