What kinds of businesses benefit from factoring invoices?
Any business that would benefit from more predictable cash flow should investigate factoring. This includes companies that suffer as a result of slow-paying customers or seasonal downturns, or are growing so rapidly that orders are outpacing revenues. This strategy is available to just about any kind of business that generates invoices in return for a verifiable product or service, and has a customer base primarily composed of other businesses or government entities. It is usually not employed by retail businesses that sell primarily to the general public.
