Account Receivable Credit Line Provides Instant Capital For Your Business
Working capital tends to be in short supply for new or growing businesses, and that is why many entrepreneurs and business managers devote lots of time and stress into coming up with capital for their business. The good news is that locating capital for a business isn't as difficult as one may think. Using account receivables or invoices a business can obtain instant capital by selling them off to a "Factor" for a small discount. This process is known as an account receivable credit line because most of the times the "Factor" will give the business a type of "Credit line".