Businesses can generate cash and improve cash flow without taking on additional debt. Factoring use to be a financing source used by the textile and furniture industries. Today, factoring has become a source of financing in any industry that creates Accounts Receivable by extending terms to its business customers.
By:
Carson Nashl
Financel
Mar 02, 2007
lViews: 164
Accounts Receivable Factoring for Businesses in Gerontology
The aging-services industry, elderly and disabled services, also known as home healthcare and community care facilities for the elderly, make up three of the top ten fast employment growth industries, according to the U.S. Bureau of Labor Statistics. One of the hottest academic fields gerontology is a career for the future says the Chronicle of Higher Education.
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