Hi
I am looking into invoice factoring so that my cash flow is better, has anybody used this before? I was wondering how much percentage do the average bank take for doing this and if it worked out a good thing for other businesses.
Hi
I am looking into invoice factoring so that my cash flow is better, has anybody used this before? I was wondering how much percentage do the average bank take for doing this and if it worked out a good thing for other businesses.
Its very expensive… Last time I recall it was 8%… which works out to 96% money…