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I thought factoring was used only by companies in financial “trouble”?

April 26, 2017companies factoring financial Used

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I thought factoring was used only by companies in financial “trouble”?

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Factoring gives your business the power to grow, without giving away equity or taking on debt. Contrary to what you may have heard, factoring is not a tool used only by struggling companies. Many new businesses and startups can benefit from Accounts Receivable Funding. Financially smart companies use factoring as a powerful tool to release capital tied up in AR.