FYI... Just a Quick tip on some creative financing! Use the not-so-well-known funding option called Factoring. I am sure many of you have heard of it, but for those who haven't, it might be the trick you need to free up cash when you are waiting to be paid on invoices.
Factoring, put simply, is the purchasing of accounts receivable from a business by a factor in return for an agreed amount Because it is already on your Balance Sheet, it does not create debt. What that means for you? You keep your cash flow working for you so you can continue to run your business and make more shipments.
If you have any questions on how this works, please feel free to call to discuss! 1-800-901-2418 or visit us online at www.universalfundingmain.com
Universal Funding Corporation.