Does Invoice Factoring Help Businesses Grow?

Does your company sell goods or services to other companies or government agencies? If the answer is “Yes” chances are that the current economic climate leads to a waiting period of 30, 60 and sometimes even 90 days until you get paid by your clients. Waiting to be paid by your clients can be very challenging – if not detrimental – especially if your business is a start-up. But even if your business has been around for a while getting paid fast – usually within one day – can help provide the capital to expand and the cash flow to pay employees, suppliers, rent, and other expenses.