Eighteen months after the almost collapse of the US financaial system we still can't agree on how to fix the problem. Companies continue to fail because little if any financing is available to them especially for growth. Companies who did have financing are now likely to loose it because institutions are cutting back lending dramatically.
So what is a business owner who still needs cash to run his business to do? Believe it or not there are some alternatives. Accounts receivable financing or factoring has become a viable source of financing for all types of businesses. Businesses now take advantage of an immediate steady stream of cash for their business. Factoring companies programs vary in services and price but there is almost certainly one for everyone.
