Are you experiencing a slow payment of money that is owed to you?
There are solutions.
In the building construction game – it is common to outlay money for labour and materials prior to getting a partial progress payment on the construction.
Sell this debt collection to “Factoring Agents”.
Factoring Agents look at the quality of your Accounts Receivable and pay you so many cents in the dollar immediately.
You will have a steady cash flow.
Is a solution where your cash flow is sluggish or comes in lumps.
Factoring will cost you money for the provision of the service.
It does not insulate you from debts that actually go “bad” and are never repaid.
Do not use:
When the debts are easy to collect.
As compensation for failing to collect your debts on time.