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Instead, they leverage their invoices to generate immediate capital. Factoring financing has been available for some time. However, recently more companies are considering it because they have far fewer financing options than in the past.
Factoring financing can remedy a company’s cash flow problem by providing them with the money they need right away.
It is possible for a business to generate cash in as little as 24 hours. Factoring can be accomplished even by new companies and those with bad credit
Want to improve your company cash flow with factoring financing? Invoice factoring is an excellent business financing option.