![](\"http:\/\/liquidcapitalcorp.com\/wp-content\/uploads\/2017\/02\/factoring.jpg\")
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What is the difference between \u2018full\u2019 factoring and \u2018spot\u2019 factoring? The answer to that might be \u2013 your comfort level.<\/p>\n
\u201cAsk any small business owner what the most important part of their business is and there\u2019s a fair chance the answer will be cash flow.\u201d States a Financial Post article featuring Liquid Capital entitled, \u201cHow to Make Your Company Bankable When Credit is Hard to Get.\u201d June 9,2012<\/p>\n
The article goes on to note, a business can be in \u201cdanger of floundering, not because of the absence of customers but rather the absence of resources.\u201d<\/p>\n
Factoring, which is widely used in the United States (US$300 billion) and the United Kingdom (US$600 billion) is underdeveloped in Canada at only US$4 billion.<\/p>\n
\u201cFactoring works in a straightforward manner \u2013 with the goal being to make the companies \u2018bankable\u2019 within three to four years.\u201d (We have many testimonials to show that this does actually happen and would be happy to share them with you!)<\/p>\n
Factoring offers two options, full factoring and spot factoring. What is the difference?<\/p>\n
Full factoring buys all of your (credit worthy) receivables, while spot factoring allows you to sell just one invoice to the factor. It all depends on your cash flow needs and comfort level.<\/p>\n
Would either of these options work for you? Maybe or maybe not, but I have a whole host of other solutions for financing that might be just what the doctor ordered. Feel free to call us to discuss!<\/p>\n","protected":false},"excerpt":{"rendered":"
What is the difference between \u2018full\u2019 factoring and \u2018spot\u2019 factoring? The answer to that might be \u2013 your comfort level. \u201cAsk any small business owner what the most important part of their business is and there\u2019s a fair chance the answer will be cash flow.\u201d States a Financial Post article featuring Liquid Capital entitled, \u201cHow […]<\/p>\n","protected":false},"author":58,"featured_media":4659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-4658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-principal-posts"],"yoast_head":"\n