California is known for its dynamic economy, thriving industries, and innovation. However, for small and medium-sized businesses (SMBs), operating in this competitive and often challenging environment can be daunting. From navigating regulatory and tax complexities to managing seasonal fluctuations and the impact of slow-paying clients, California business owners face many hurdles that can disrupt cash…
As its name implies, bad debt is a big no-no for a company. But how to shield your organization from this type of debt? Non-Recourse Factoring is one of the most effective tools available to business owners. What Is Non-Recourse Factoring? As you probably know already, Factoring means selling your unpaid invoices to a company…
When it comes to Factoring of Accounts Receivable, the two most important categories are recourse and non-recourse Factoring. Keep reading to learn more about non-recourse Factoring: its differences with recourse Factoring, and how it can help you maintain and grow your business. How Factoring Works Before we delve into specifics, let’s review how Factoring works.…