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recently a large precision engineering company had enjoyed a period of phenomenal growth but soon that company faced the reality of that growth a large tax demand was threatening to undermine all the success the company have recently achieved it wasnt that the company lacked financial resources to meet the tax expense the funds were merely tied up in unpaid sales invoices the company found the remedy through invoice factoring and was advanced eighty percent of its accounts receivables which got the company immediate cash this funding method also known as factoring allowed this engineering firm to get current with its taxes and continue its healthy scale approach invoice factoring unlike other forms of finance is not alone the process does not create debt or add liability what it will do is convert your companys accounts receivable into immediate cash because youre not borrowing money your credit rating is not a docHub issue this means if youre a young growing company without a
