Understanding Factoring Rates
The first thing you need to understand when considering a factoring company for your business cash flow needs is factoring rates. While your partners at GO Funding, LLC will help you understand and connect with the right solution to meet your needs, here are a few things you should know to get you started.
What to Look for When Choosing a Factoring Company
Unpaid invoices can be converted into cash in as little as 24 hours using invoice factoring. Compared to traditional bank loans, which can take months to get approved, and you may not have the creditworthiness to get funds quickly if you are a new business owner, invoice factoring help you quickly.