Why would anyone want to pay those expensive rates to get funds now for their Accounts Receivables? YES, on the surface the cost of funds for factoring your invoices is expensive i.e. can range from 1.5% to 4% depending on the industry, dollar volume, size of invoices, perceived risk, personal and business credits, etc. In reality, […]
Category: Finance
15
Mar
How can you grow your company faster. Improve your cash flow!
Factoring can help your company grow faster while improving your profit margins at the same time! In an effort to grow your company faster business owners need to turn their dollars over more often. By example many in the manufacturing industry may only have ample cash flow to turn their inventory over 6-8 times per […]