When someone needs business financing, the first type of funding they usually consider is a bank loan. However, invoice factoring can be a good alternative with many advantages. Let’s look at some of the key differences between factoring and a bank loan.
Bank Loans: Why They Don’t Work For All Businesses
For most, a business loan offered by a bank is the most familiar type of financing. If you need business financing, it’s worth considering a bank loan. However, this type of loan comes with several potential drawbacks. Read more
If you’re looking for 
Cash flow is a key factor for the health of any business. Without healthy business cash flow, you can’t invest in your business. If your access to cash is severely limited, you may even have trouble with basic expenses such as payroll. 
Small businesses, more than ever, are facing 
2020 was a difficult year for many businesses and 2021 may turn out to be challenging as well. With so many restrictions and unpredictable conditions, it’s especially hard for businesses that provide their services on credit.