Advantages of Selling Accounts Receivable
When it comes to raising capital, there are many advantages of selling accounts receivable over obtaining a traditional bank loan. First and foremost, selling accounts receivable does not require your business to qualify for financing. In addition, selling accounts receivable happens much more quickly than getting a bank loan. Some transactions can happen in as little as 24-48 hours, sometimes immediately. And lastly, selling accounts receivable is a flexible option. Sell one invoice or all of them, the choice is yours.
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