Small Business Invoice Factoring
Source: Commercial Capital
Do you sell products or services to commercial or government customers? If you do, then you must be very familiar with having to wait 30, 40 or even 60 days to get paid by your clients. Most large businesses can afford to wait. Unfortunately, few small business owners can afford to wait - and worse - most small business owners do not take into account that they will have to wait to get paid when they first start their businesses. But what if you can't afford to wait 60 days to get paid? The best solution is to factor your invoices. Factoring is a financial tool (similar to a line of credit) that eliminates waiting to get paid by your clients.