Factoring Services for account receivables


Robert Andrews

Years ago, factoring was only common in the textiles industries as a means
to create steady cash flow with account receivables where slow payers or
extended terms caused a cash crunch. Lately factoring services have sprung
up everywhere offering factoring financial services for business ARs for any
manufacturer or service company, especially in the IT and medical fields.
Has anyone used factoring services with their business ARs to improve cash
flow? Who did you work with? Has this approach worked out for you?


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question