As the credit crunch makes money scarce for small businesses, alternative credit sources are gaining publicity and popularity. ... The Receivables Exchange, which runs an online auction market for accounts receivable, is benefiting from these trends. More companies have been turning to firm to raise money as traditional credit sources dry up.
Cash-Strapped Firms Sell Unpaid Accounts
Posted by mattknoe under Raising CapitalFrom http://www.thestreet.com 5573 days ago
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