Get Your Small Business Funded With Factoring
shared by AudreyIsWright on Jul 22
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Traditional bank finance cannot provide funding for every business in the UK. An estimate of 216 000 businesses in the UK alone are rejected completely by banks. This amounts to 4% of all businesses i...
n the country.
This infographic presents an alternative to bank loans - factoring. Factoring is an excellent way to fund your businesses, as it offers funds for businesses who are typically rejected by banks, such as start-ups, or establishments with bad credit history. This is possible because factoring deals with unpaid invoices, or in other words, money owed, but not yet recovered. It doesn't add debt to your business and low risk by nature.
This infographic will introduce and explain the concept of invoice factoring and prove how lucrative for your business it is to engage in this type of finance.
Source
http://www.f...fographic/Category
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