Prairie Business Credit June Newsletter

Meet Lisa, A Women's Clothing Designer,
Who Uses Factoring to Grow Her Business

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Factoring in Five Simple Steps

1.  You perform a service for your customer.
2.  You send your invoice to a factoring company.
3.  You receive a cash advance on your invoice from the factoring company.
4.  The factoring company collects full payment from your customer.
5.  The factoring company pays you the rest of your invoice amount, minus a fee.
   

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June's Feature

How To Raise Money Without Lying

"Leading with the straight forward truth is the best. If you can’t find the money without that, maybe you just aren’t ready. Great ideas always find the money to make it work."

- Dylan Morgan, Executive Vice President, Prairie Business Credit