Businesses run day in and day out by using a steady stream of cash to conduct their business operations. When business transactions are completed, invoices are sent out to request payment for the product or service that was given. The money doesn’t come back right away because many times, customers have a month or two to pay. More and more businesses are using alternative funding called invoice factoring when their cash reserves run low.
Invoice factoring isn’t a new concept at all, but simply a rediscovered one. Early factoring invoice business stems back thousands of years ago back to the time of the Roman Empire. Currently, this is almost a one billion dollar business that spans the globe
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