Is Factoring Expensive?

Posted by Chris Curtin on Aug 24, 2012 in AR Funding, Business Tools, Invoice Factoring, Spot Factoring | 1 comment |

Is Factoring Expensive?

This is a great question, and the answer is maybe, if not used correctly. It can be expensive if not utilized correctly, or it can mean the death of your business if factoring is not available. Death would seem to be the highest expense possible. How do you use Invoice Factoring correctly? You use it to grow your business or save your business. Comparing a line of credit from a traditional lender where the amount of money you can access is based on your company’s existing assets, Invoice Factoring is based on the assets you can generate,...

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