Unfortunately, bankruptcies have been on the rise in the United States. In fact, in the second quarter of 2016, they increased to 25,227 companies — up from 24,797 companies in the first quarter of the year. This is in part because a lot of small business are experiencing financial difficulties, especially as they attempt to get on their feet. With that being said, bankruptcy is not a foregone conclusion, even if your small business is experiencing financial difficulties. There are a number of different options available — one of which is invoice factoring. There are a lot of myths regarding […]
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