Q. Is not AR factoring only for companies that are in financial trouble or relatively small?
Q. How can a factor loan me money when my business does not have a very strong financial or I personally have declared bankruptcy in the past? I talked to a bank and they would not even consider a business loan. Why can you do what others cannot?
Q. My profit margin is not enough. If I were to factor then there would not be enough left to show a profit.
Q. What happens if my customer defaults on their credit?
Q. Are there any setup fees?
Q. When do I get my funds?
Q. Who approves the credit for my customers?
Q. Who is responsible for collecting funds?
A. Furniture Factors Incorporated
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