Let's face it, when you need cash for your business for growth, to make payroll, to purchase equipment or raw materials, it isn't always readily available.  The traditional places entrepreneurs think they should go are a bank (for a loan) or Angel or venture capital investors (for equity).  In today's investment climate, both are probable dead ends...why??

Most business owners would first think about borrowing money from a bank. After all, that's what they are supposed to be there for anyway, right?  As you will hear in most publications, loans from banks to small businesses are VERY difficult to come by and take lots of time and paperwork, when they arrive at all.  SBA loans do exist, but take a look at this article about SBA Loans and you'll get a sense of what is involved...YUCK!

So, the next thought to cross a business owner's mind might be to find a wealthy investor or venture capital firm to invest in "this great business which has lots of potential".  I'd need pages and pages to write about the challenges of getting an equity financing done, but I'll just cut to the chase and give you the conclusion...getting this type of investor funds isn't just about giving up a "little piece" of your company, it truly means having to deal with "bosses" you never had and to do it in a proper way (which limits the liability of an entrepreneur) costs a decent amount of money with a securities lawyer (just because you're a private company doesn't mean you should skimp on formal legal documents...this can hurt you big time).

This leads us to the unknown world of invoice factoring!  So simple, so fast, and leaves you in control of your business.  Most people don't think about it because it's just not well publicized and sounds fancy.  The bottom line is that if some of your customers are really solid companies, invoice factoring will be a much faster way for you to access needed cash.  Here is a simple description on Invoice Factoring Services.  Or, if you want a full whitepaper on Invoice Factoring, download our free Factoring 101 Guide by clicking the button below.

If you want to talk to a live person and get a free consultation, call us at 888-833-2286.