Blog articles discussing factoring companies, factoring loans, invoice factoring and all things related.
Factoring companies providing invoice financing are becoming more and more the dependable source for financing small business. Entrepreneurs seeking funding through traditional bank lending and through venture/angel investors face numerous obstacles in obtaining an approval and most are rejected.
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 companies can unlock your cash flow and catapult your growth.
(Wall Street Journal article on factoring companies: http://guides.wsj.com/small-business/funding/how-to-use-factoring-for-cash-flow/).
The Wall Street Journal article (link above) validates factoring as a legitimate and dependable source of funding. Times have changed in the small 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