My business has been struggling lately since a lot of the money that we have now is tied up in our clients. While these people will be paying us for the services that we offer once they are completed in about a month, it is definitely a challenge for us to make ends meet in the meantime. So that we can get the money that we need all the time, I have started to look at different options for getting money in advance.
To make ends meet for now, I have been looking into some different methods of financing that actually work with the future money we will be getting from our clients. I have found a great company that is willing to do accounts receivable financing that will get us the money that we need in advance. It will be great to have the money to work with before we are paid.
Since this isn’t really a loan, I don’t have to worry about getting our business even further into debt. I am glad to have found a solution that will really help with our current cash flow problem and get us actually able to move forward with business as usual.