BETHESDA, Md. ( MainStreet) -- It's well-known by now that the down economy has strapped a number of small businesses seeking financing. With banks reluctant to lend, particularly to newer companies or to those needing the smallest of loans, these businesses are seeking funding alternatives.The smallest businesses have limited options for quick cash, though. Two options growing in popularity include peer lending and pawning small valuables. Another option is a form of factoring called invoice discounting.
|The down economy has led more small businesses to turn to invoice discounting, a form of factoring, for cash-flow assistance.|