Factoring invoices can help stabilize cash flow...
The immediate cash that factoring provides can be used to cover payroll, tax payments, and general business expenses or to expand into new markets. In addition, the qualifying process is often less demanding than requesting bank financing.
Large companies in the textile, manufacturing, distribution and service sectors have traditionally used factoring to fund their growth. In the last few years, due to changes in traditional commercial finance, small to mid-size businesses, are also taking advantage of the opportunity to factor and are realizing the benefits.
Boston Financial Corporation
197 Eighth Street, Suite 2000
Charlestown, MA 02129
Website URL: http://www.bostonfinancialcorp.com