Although accounts receivable factoring is a great way to ease cash flow tensions, working with the wrong factoring firm has the potential to add an entirely different kind of cash flow pressure to your company’s operations. There are literally thousands of factoring firms to choose from, so it is extremely important to know what to look for and what kinds of questions to ask in order to find the best fit for your business. This article discusses five things every business owner should consider when choosing an accounts receivable factoring firm.
By Phil Cohen