A/R Finance & Factoring Terms GLossary

If you have bad personal credit and need funds as a start-up or grow your existing business your choices are:

1. Invoice Factoring as the Factoring company looks more to your business or government customer’s credit than your own.
2. Crowdfunding or Peer 2 Peer Loans, again they look at your idea or product versus your personal credit.
3. Microloans & Non-Profits, smaller amounts available for certain demographics and geographic areas.
4. Grants, not as easy to obtain as advertised, but they do exist.
5. Friends, Family ( & Fools) or the 3F’s, be careful as if your idea fails, you have ruined your relationship. Only take money from the 3F’s if they can afford to lose 100% of what they gave you.