Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is factoring only used by struggling companies?

April 26, 2017companies factoring struggling Used

0

Posted

Is factoring only used by struggling companies?

1 Answer

0

Posted

Actually, many companies that could qualify for bank financing are choosing to factor instead. They’ve realized that factoring is a quick, debt-free way to release capital tied up in AR. For real world examples, click here.