The services sector is plagued by its own unique set of issues when it comes to cash flow. Labor costs can be high especially for technology services that require highly qualified staff. If you are in the services sector you can get funding to pay for goods received.
Invoice factoring can restore your business cash flow as you await payment from your customers. Usually, invoices can take weeks before they are paid, with factoring you can get a cash advance against these invoices to fund a new project and to ensure business operation doesn’t stall due to funds.