Blog articles discussing factoring companies, factoring loans, invoice factoring and all things related.
Factoring companies providing invoice financing are a reliable source of capital for companies of all sizes. Entrepreneurs seeking funding through traditional bank lending and through venture/angel investors face numerous obstacles in obtaining an approval, and most are rejected. Established companies seeking additional capital for growth are often declined due to the bank’s fear of over-leveraging a company.
Once thought of as the “lenders of last resort”, factoring companies are the mainstream source of capital for importers, distributors, manufacturers and service companies. Essentially, if your business is carrying accounts receivable on the balance sheet, factoring can unlock your cash flow and catapult your growth. Why wait 30, 60 or 90 days for your customers to pay? You get paid on day 1 when you use a factoring company.
Times have changed in the business world. Business owners need a flexible funding option that changes with those times.
If you would like to know more about how factoring can assist your business, please contact us.
To your success!
Patrick Zazueta | Founder | Huntington Coast Capital, Inc. 714-719-8966