Leveraging Your Accounts Receivable (A/R) to improve your Cash Flow Position?
Spergel Corporate Finance (SCF) President Glen Dalzell explains that invoice discounting or factoring can help a business solve their cash flow challenges.
Many Canadian business owners and financial managers are unfamiliar with selling receivables as a business cash flow strategy. A lack of understanding
of how the process works and the related costs may keep the benefits of this option under the radar for many businesses looking to improve their cash flow.
When cash flow becomes an issue, financing your accounts receivables can be a quick and simple solution to generate the cash needed to cover operating expenses.