Also known as accounts receivable factoring, invoice financing is a type of short-range borrowing that companies use to supply cash flow to help handle temporary situations. It allows a business to have access to a percentage of its own sales invoices before customers have paid them, without incurring…Read More
In order to keep things operating as they should, staffing agencies have a lot of balls in the air. One of the biggest problems they face is having money on hand to pay their employees. The solution many agencies use is payroll funding.
What is Payroll Funding?
As the owner of a business, you have a lot of obligations. First and foremost, you are in charge of doing whatever you can to grow your business and help it to become as successful as possible. However, as you probably are aware, that is often a lot…Read More
If your company needs a quick infusion of cash, consider accounts receivable financing. This is a great alternative to a small business loan or line of credit, since you don’t have to repay the money. You’ll simply get a lump sum of cash to help grow your business.