Accounts Receivable Financing: A Small Business Bailout Plan
Source: IFG Network
Small businesses no longer have to be victims of their own success. Factoring services are also known as accounts receivable financing, and no matter what you decide to call it, these services can provide many small businesses with their own bailout plan to survive these tough times. Factoring companies typically look at the creditworthiness of a client's customers and pays within as little as 24 hours. They do not expect to buy 100 percent of a company's receivables, and there are no minimum or maximum sales volume requirements.