Running a business often requires creative approaches to facilitate cash flow. With fluctuating sales during seasonal periods and competitive, ever-changing markets, you may find yourself looking for alternative methods for financial stability.

Factoring is a potential solution for many businesses and an effective way of maintaining cash flows. In this article, we’ll discuss factoring as a potential option for your business: what it is, how it works, the different types, and the advantages and disadvantages. 

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