The number of financial tools and services available to small businesses has multiplied in recent years, and that is undeniably good news. Small companies used to be forced mostly to wait in line for the attention of traditional bankers, with most of these financial professional preferring, by far, to focus on other things. Over the years, however, a new generation of lenders has found ways of identifying and serving the needs of smaller companies better. The flexibility and accommodation they afford often turn out to be exactly what small businesses need.
For instance, it used to be that factoring of any kind was generally out of reach of the smallest companies, but that is no longer, by any means, the case...Read More