Why should businesses sell their receivables?
The answer is simple: A business should sell its accounts receivable to improve their cash flow. The unfortunate truth of every business is that there are going to be periods in which cash flow becomes a problem for a variety of reasons which can contribute to the failure of a business. Poor cash flow does […]
Advantages of Selling Accounts Receivable
An online article published by the Houston Chronicle analyzes the many advantages businesses gain by selling their accounts receivable to a third party that will collect the payments for a fee in a process called factoring. The article narrows down the advantages into four separate factors that make it easy for a business to decide if factoring receivables is the best option. Cash Flow The main […]
