Invoice Factoring Companies: A Valuable Funding Resource

Invoice factoring companies can provide immediate, short-term funds for companies that are unable to obtain a traditional bank loan. Financing from traditional banks generally requires commercial borrowers to have two years in business and showing a profit. Banks tend to favor loans secured by tangible assets like machinery, inventory, equipment and real estate.

Working with factoring companies, in contrast, are less restrictive. When you sell your invoices - often called factoring - you don