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how to choose the right factoring firm for your business you have an SME and you have run into a few cash flow problems your company is doing well sales are up and you are taking bigger orders however you feel a bit overstretched at the moment you need to pay your employees wages at the end of the month you cant delay paying your suppliers for much longer you just need to get through this rough patch and you will be fine once you get paid for the orders you have already filled and delivered this is a situation that many companies face especially new companies they run into a cash flow problem for the first time and they have neither a line of credit set up at a bank nor an alternative source of funds available to draw on when liquidity is squeezed they are faced with the situation of having to find cash just to keep the company going until an invoice is paid invoices have terms of payment of 30 days 60 days or 90 days those days until payment can tick by surprisingly slowly when bill
