As the economy continues to struggle and credit gets tighter, steady cash flow becomes more and more important to the survival of a business. One source that has been around for decades is accounts receivable factoring; also referred to as invoice factoring.

A dental practice I worked with was actually doing well, but expenses were out pacing income on a business level as well as the personal level for the practice owner….the challenge was to raise revenue, cut expenses and pay down debt at a rapid pace, while reducing the practice owner’s personal tax liability from 40% to a lower level.