Accounts Receivable Factoring Factoring is a type of business lending in which a business sells its accounts receivables, or invoices, to a financial company, also known as a factor. Factoring is also known as accounts receivable financing. Here’s how it works: the business assigns certain accounts receivables or invoices to the financial company or factor. ...
1. Business loans are not easy but not impossible Business loans never get enough funding in the beginning. Banks or traditional lenders only loan money to established, serious businesses that have a monthly regular revenue stream. The five C’s bankers want to know about business owners before giving a loan are: Character to maintain a good...