Small Business Assistance

Small Business Information You Can Use

Entries Tagged ‘Invoice Factoring’

Factoring and Purchase Order Financing

Difficulties financing a small business When faced with financial challenges, most business owners try to raise capital by going to the bank or trying to find investors. Although banks and investors may be a suitable source of capital for some businesses, the majority of business owners come out empty handed. Bankers are notoriously conservative when [...]

The History of Invoice Factoring

Factoring is one of the oldest business practices known. We know that it was used at least as long ago as the time of the Ancient Roman Empire, when merchants would enlist the help of collectors in order to settle trade debts. The primary reason for factoring’s long history is that it addresses a very [...]