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Accounts receivable financing is a type of asset-based lending that provides small businesses with the cash they need to grow their business. The funding is based on your accounts receivables: money you owe to clients and customers. When you apply for an account receivable loan, the lender funds 90% of the outstanding balance owed on invoices—the remaining 1...
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Factoring is a great way to get the money you need to make sure your business runs smoothly. It's an alternative to traditional bank loans, offering faster access to cash and lower interest rates than many other forms of financing. But what exactly is factoring? And how does it work? In this article we'll look at the basics of factoring finance and how it ca...
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