Factoring Companies <br />Why Invoice Factoring is Necessary <br /><br />In recent years, an increasing number of businesses have discovered <br />that invoice factoring can combat the ups and downs of unpredictable cash flow cycles. <br />More importantly, factoring companies are providing the business community <br />with a viable credit financing source of working capital when conventional business financing is not always an option. <br /><br />People consider the invoice factoring <br />discount a small cost of doing business. A two-three-percent factoring <br />discount for a 30-day invoice is common. Compared with the problem <br />of not having cash when you need it to operate, the receivable credit line discount is negligible. <br />Look at the invoice factoring company collecting the discount as though your business had <br />offered the customer a discount for paying cash. It works out the same.
