When Is An Invoice An Asset?

When a company is looking to fund its growth from outside sources, one particular aspect of their business is a good candidate for use as collateral – the invoice. An invoice is an obligation to pay from an account debtor, meaning, your business has done some work and now the receiver owes you money. Whenever
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How Invoice Factoring Works

Many government contractors who are finally awarded a long sought after contract have the dilemma of how to cash flow the new work. Especially in cases where the contract calls for work to ramp up quickly. There are situations where a company may be billing only tens of thousands of dollars today, but hundreds of
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