If you are having to use a factoring company, then 1 of 3 things is happening:
#1 - Your getting hosed by your MSO because they are not paying on time (WTF are you doing still working for them)
#2 - You are a small operator worried about losing his contract if you as the MSO to pay on time (Grow a pair and tell the MSO to pay on time)
#3 - You're screwing up the paperwork and not submitting it on time. (WTF are you doing in business? Go back to being a tech)
If you are running your company correctly and the relationship with your MSO is good .... you don't need a factoring company. Profits should be there to cover you for next month. If this is not the case, seriously look at getting a mentor from the SBA to help you grow.
Re: Anyone use factoring for Accounts rec.
Member #: 35888
Registered: 2/1/2005
Posted:
1013
Occupation:
Poor Driven Cable Worker
Location:
Planet Earth
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