by First Union Lending | Dec 22, 2022 | Business Finance, Resources, Small Business
Invoice factoring is a way for businesses to fund cash flow by selling their unpaid invoices to a third party (a “factor” or “factoring company”) at a discount in exchange for cash upfront. Let’s review the pros and cons to consider...
by First Union Lending | Nov 15, 2021 | Business Finance
What exactly is accounts receivable financing? This type of commercial lending is a form of funding where you will receive a sum of money from a lender based upon a percentage of your accounts receivable. There are a few different ways this can be structured, with the...