Despite the fact that factoring volume continues to grow year after year, most business owners do not know about this financing concept. The ease of use, simple application process, flexibility, and the ability to provide unlimited capital are all advantages to businesses that use accounts receivable factoring.
With so many forms of financing available, (term loans, revolvers, direct public offerings, private placements, equity participation loans, etc.), it is critical that today's business owner have a working knowledge of every option available and its drawbacks and benefits.
Invoice factoring is no exception. While factoring is not a good fit for everyone, it can be a valuable tool in a firm's financial arsenal.
Kent Harlan, CPA
Ozarks Capital Funding, LLCwww.ocflink.com
kenth@ocflink.com
417.849.7394
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