Factoring: Start-ups Have a Funding Shoulder to Lean On
Sema Fongod of Invoicediscounting.uk.com explains how factoring can be a useful business tool for start-ups in this difficult economic climate. To be successful in your start-up venture, initial capital investment is the major issue to be focused on. New business owners tend to depend on the banks to raise capital. However, banks and other financial institutions are making life difficult for start-up owners as their credit terms are getting more and more stringent. Start-up capital isn’t just about raising finance to get your business off its feet. It’s also about ensuring a healthy cashflow for meeting the daily operational costs of your business once it’s launched. Where do you raise funds to kick-start your business and provide on-going working capital? Factoring is a funding solution t... »