Invoice Factoring - A Little Known Way To Get Capital
Source: Commercial Capital
Invoice factoring allows you to turn your slow paying invoices from good customers into immediate cash. It's a very simple transaction in which you trade an invoice - "Almost cash" - for actual cash. Basically, the factoring company provides financing solely on the power of your soon to be paid invoices. Provided that you have good customers, you can repeat this process for every invoice you have, almost indefinitely. If you sell products to good credit worthy customers, a factoring company will gladly buy your invoices. There are no limits, except how much you can sell.