Entrepreneur.com article

This comes to me by way of David Becker.
it is a comprehensive company funding

Factoring Basics

What is Factoring?....It is the purchasing of Recivables/Invoices at a discount.
~Factoring can pay for itself by allowing businesses to avoid collections costs.
.....Like: Employees following up on delinquent customers


Who Can Benifet from Factoring?
~New Companys (2 years and under)
~Fast Growing Companys
~Orders bigger than line of credit
~Tax Problems
~Companys going through Bankruptcy
~Companys that have a negative net worth

What types of income Streams?
~Accounts Receivable
~Letters of Credit
~Partnership Agreements
~Purchase Orders
~Commercial Judgements
~Commissions
~Franchise Fees
~Tax Refunds
~Structured Settlements
~Class Action Awards

Any Business Can Benefit:
Mom & Pop to Large Corporations

Bottom Line
Through Factoring you can infuse cash into your business
within 24-48 hours vrs. 30, 60, 90 + days that some
customers pay...

What can you do with cash in hand?