Invoice factoring involves selling your outstanding invoices to a third party at a discount. It might make sense if you need fast access to cash but can’t qualify for a business loan. Invoice ...
Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...
Forbes contributors publish independent expert analyses and insights. Geri Stengel writes about the success factors of women entrepreneurs. Even profitable businesses can have cash-flow issues. This ...
Your business would never succeed without your customers. But what happens when they fail to pay their invoices? According to the Rochester Institute of Technology, the average small to midsize ...
In the current period of economic uncertainty, increasing pressure on businesses is making fraudulent activity an ever-present risk for lenders – a trend not only troubling for the affected company or ...
Opinions expressed by Entrepreneur contributors are their own. Regardless of the size of your business, unpaid invoices aren’t just an inconvenience. You need to have strategies in place so that ...