What if there is bankruptcy, a tax lien or poor personal credit issues?
All businesses eventually meet with financial set-backs. Larger and financially secure companies can rely on credit lines and bank loans during hard times or slow cash flow periods. Not all businesses qualify for these types of services. We can in most cases help clients who have experienced or are currently experiencing financial hardship. The underwriting requirements for accounts receivable financing or factoring are less stringent than traditional bank financing. In accounts receivable factoring the emphasis is placed on the credit worthiness of your customers.
