Our whitepaper covers invoice factoring, its many advantages, and why many industries use it today. Invoice factoring is a centuries-old, alternative financing method that can provide steady cash infusions to meet growing and ever-changing business needs. With invoice factoring, a company can get money on its terms instead of waiting for the bank.
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Some industries are fun, inventive and inspiring while others are all about the nitty-gritty of doing what needs to be done. The not-so-pretty industry of commercial janitorial services probably falls into the latter category. Though the industry may not get a lot of attention, janitorial services and commercial cleaning enterprises generate an annual revenue of about $35 billion. This dollar amount is not too shabby for an often overlooked, glitz-free business. The commercial cleaning sector includes carpet cleaning, window cleaning, general floor cleaning and polishing, trash removal, air duct cleaning, and much more. (more…)
Despite the fact that most of us eat three square meals a day, few people sit down to think about how food from across the world makes it to our local grocery stores. Yet so much work, coordination and planning to into harvesting our food and raising our beef, chicken and fish. (more…)
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Hopefully our learning center has given you great confidence in trying factoring as a business finance solution. Be sure to contact us to learn more. 