If your business provides services to other businesses, then you’re likely familiar with the process of issuing invoices and waiting to be paid. While it’s common for invoices to have 30-, 60- or even 90-day payment terms, this can create issues for your business’s cash flow. That’s where invoice factoring companies come into play. These…

Jacqueline DeMarco writes for NerdWallet. Email: wpguestuser+jdemarco@nerdwallet.com.

The article Factoring Company: What It Is and How to Choose the Best originally appeared on NerdWallet.

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