Reverse factoring is a form of financing that allows businesses to get money up front, instead of waiting for their customers to pay them. It's one way to close the gap between when you sell goods or services and when you receive payment from your customers. This can be important for any business that needs working capital. If your business has been struggling with cash flow or paying its bills on time, reverse factoring might be able to help you out.
Reverse factoring lets companies who are struggling with cash flow (and therefore have no access to traditional bank loans) get immediate payments from their vendors instead of waiting 30-90 days for payment from their customers. |
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Ad Detail: Reverse Factoring: A Better Way To Get Credit
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