
The short answer is…it depends.
If your business has been fortunate enough to do a 1/2 million dollars in sales each year, then you may want to consider another factor for financing your accounts receivables. However, if your line is relatively new and working with smaller accounts, then financing could be a little harder to find.
However, there may still be resources available to help you. Here are some tips:
1) Start Local! Check into an SBA chapter in your local community. These offices are 50% funded by the federal government and 50% funded by the local governments to help stimulate economic growth. [...]