Saturday, November 20, 2010

Veterans Starting Their Own Business

The SBA reports that nearly one quarter of veterans say they're interested in either buying or starting their own small business.  Interestingly, that percentage is even higher among female veterans. But the bad news is that financing is difficult for new business owners since the recession.

Veterans will be happy to know that accounts receivable financing can assist them in the start-up phase of any new venture, when cash flow may be tight. New business owners often use factoring to help pay for employees, and cover bills and expenses until their business is up and running strong. There are many factoring companies nationwide, but for more information on invoice factoring, go to www.acdfinancial.com.

 

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