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FACTORING

Factoring is a quick and flexible form of financing which substantially improves a company's cash flow. Many companies get into a cash bind by extending credit to their customers for 30 days while having to immediately fund certain costs, particularly payroll. This problem only gets worse as sales grow. With factoring, your invoices are used as collateral for a short-term loan which provides you immediate cash with which to meet these expenses. Check out the factoring company links on this page and don't forget to seek legal advice.

 

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