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We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
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If you have invoices - you can improve your cash flow...
Financial1
subscriber Posts: 1
Here is a tip on how to improve your cash flow position... Use the not-so-well-known funding option called Factoring. Factoring is a simple buy-sell process. You sell your invoices to a factor for an agreed price and they give you a cash advance, upfront. Then when your customer pays in 30+ days you get the remaining amount of money left (minus fees.) Many businesses rely on Factoring to manage their accounts receivable. Additional benefits of factoring include, no business plan needed, approvals are based on the credit-worthiness of your customers and credit lines are unlimited. If you would like to learn more please feel free to contact me anytime!Financial12007-3-29 18:1:46
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