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Monthly Archives: September 2014

Do Small Businesses Rely on Credit Cards?

  For small businesses, credit cards are used extensively. After reinvesting earnings or obtaining a bank loan, credit cards are nationally the third most popular financing choice. Whether it is starting a new business, needing to purchase inventory, expanding an … Continue reading

What is Factoring?

Factoring is the process of obtaining funds by selling a business’s accounts receivable to a third party, known as a “factor”. The company receives payment for those receivables instead of waiting until the due date of the invoice (or later) … Continue reading

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