Many business-to-business (B2B) or business-to-government (B2G) companies have to wait weeks or months for their customers to pay. This sometimes causes cash flow issues, as earnings get stuck in the form of unpaid invoices instead of being available for use.
Through invoice factoring, you can free up your capital without being in debt or selling equity. How? You get a cash advance in exchange for your outstanding invoices. Instead of waiting for weeks or months for your customers to pay, you can leverage those invoices to get access to funds within a few days. With better cash flow, you can run your business more smoothly.
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