Is Invoice Factoring the Right Choice for your Line of Business?

Invoice factoring is a very popular financing method that is used by many businesses, big and small and is rapidly rising in popularity. The principle behind invoice factoring is simple, it allows businesses to sell their outstanding invoices in return for immediate cash. In most cases, the factoring company will pay you 80% of the total beforehand and pay you the rest after the invoices are collected, minus fees.

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The method has many advantages over other financing met...