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You’re just paying for it yourself with your hard-earned cash, minimizing expenses such that you can still cover bills. Invoice factoring is the process of selling a business’ outstanding invoices to a factoring company for around 85% of the total invoice amount. Under this type of financing arrangement, the factoring company takes over collections. Once an invoice is paid, the business receives a portion of the remaining invoice amount, less a factoring fee. These Ambitious Startup Founders Aren’t Raising Venture Capital Funding, At Least For Now—But They’re Still Growing Their Companies Rapidly. Welcome To Ecosystem 2. – Forbes These Ambitious…