Cash for Outstanding Invoices
Are you tired of waiting 30, 60 or 90 days for your invoices to get paid?
What would it mean for your business if you could clear invoices at the push of a button to keep your cash flow steady?
Now I’m not talking about factoring which is selling your accounts receivables to a third party at a discount. In today’s post we are going to cover the easiest and most effective solution to getting advanced payments for outstanding invoices without factoring.
According to Dun & Bradstreet 90% of small business failures are due to cash flow problems with 60% of those being profitable at the time; they just ran out of cash. The fact is 64% of small businesses have invoices that had gone unpaid for at least 60 days.
If you are experiencing this challenge you’re not alone. Even big brands are the worst offenders. Wal-Mart takes on average 86 days to pay an invoice and McDonalds takes 64 days.
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