Many companies go through difficult times. In some instances, they may not have the funds necessary to take care of their expenses or continue operations as normal. If your business is currently in this position, you do have options. One such option is factoring receivables financing. This process involves selling your unpaid accounts, also known as accounts receivable, to a financing organization. In return, you'll receive an advance that can help you get out of a financial jam.
1 February 2023