Should You Request a Loan or Should you use Factoring
Factoring can be a complicated subject. Sometimes it can sound as if those involved has evolved a language all their own.
If you set out to do some researching on factoring, as a business owner you will find numerous providers using different terminology to describe the exact same transaction structure. Frustratingly, two different providers may use the same terminology, but the underlying structures and procedures in the transaction can differ vastly.
Having a basic knowledge of the principles involved and knowing which questions to ask will help you determine the key differences between providers. In order to help you in your efforts, I will be most happy to act as your go between.
Do you have annual sales of $500,000.00 or more? Do you have a lot of outstanding bills due? Then there are a lot of Factoring companies out there that promises to turn all those invoices into cash in two days or less. In order to start the process just fill out the contact form and let us start that conversation today.