Chapter Corner

Jim Rubbinacio

Cash Flow Management: How Invoice Factoring Can Strengthen Your Business for Growth

The economic challenges of recent years have left a hangover of debt for many firms. Even in today's slow growth economy, the cards are still stacked against many small firms. With an impaired balance sheet as a result of your equity being eaten away by tighter operating margins, rising cost of materials and labor, and the ability to pass on the additional costs means that bank financing is almost impossible to get.