Cash Flow Financing, or Factoring, can be a great tool in helping your business generate more cash flow and grow your business.

The cash flow financing companies start off by asking for some basic financial information about your company, for example Accounts Receivables Aging, Profit and Loss Statements, and other items of that nature. All of these items are a requirement by pretty much everyone and, for most businesses, these are extremely easy documents to retrieve. For some reason though, many small businesses seem to think that their “secret sauce” is contained somewhere within these documents and drag their feet on letting the cash flow financing company help them.

Here are 3 things to understand:
1. The finance company will not share your information without your permission. Even after you are a client, most people do not share with anyone who their clients are either.
2. They would never give up what makes your business tick. They want you to do the best that you can do, so it would not be in their best interest anyways.
3. Many businesses use cash flow financing. Hint: some of them are super large and publicly traded businesses that you would not even think of needing finance.

At the end of the day, your business has reached out, so why would you fight against them?

Find your friendly cash flow financing company with National Factoring Group