I am interested in purchasing a profitable online business but I do not have the available funds to do it at the moment. So i’d like to know if a factoring company would be able to help me out.
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You are talking about buying a business based upon its receiveables. Borrowing against the receivables to finance the business. I highly doubt it. Keep in mind factoring is going to be like getting 70% of the value of the invoice.It might be possible, call a factoring company, be prepared to have a resume that shows why you can run this company.
Good Luck
With no money? Uh, no.