Factoring: Cash Flow Solution For the New Millennium

Topics:
Working Capital
Tags:
Factoring,
Finance,
Operational Accounting
Source:
Capital Funds Group

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Overview: Cash flow, the "energy" moving in and out of your business, is the most critical item on any business priority list. Without cash, the business can't pay its bills, expand, or even remain in operation. And giving your customers interest free loans is not helping. Factoring is the most powerful non-debt solution to cash flow problems available to business today. Article explains the benefits of factoring such as when bank loans are not available, or the credit line is maxed out, it is a sure source of immediate working capital, continuous cash flow, increased production and sales, cash for marketing plans, new equipment purchases, plant expansion, handling payroll or tax shortfalls, lowered overhead, and total elimination of accounts receivable maintenance. Read the article to get the details of factoring as a part of working capital.

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Format: HTML | Date: Jan 2003 | Pages: 3

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