Covered by NYDaily News. Las Vegas man accused of threatening a prominent attorney and making vile remarks.
Covered by New York Times, and other outlets. Fake heiress accused of conning the city’s wealthy, and has an HBO special being made about her.
Accused of stalking Alec Baldwin. The case garnered nationwide attention, with USAToday, NYPost, and other media outlets following it closely.
Juror who prompted calls for new Ghislaine Maxwell trial turns to lawyer who defended Anna Sorokin.
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The Spodek Law Group understands how delicate high-profile cases can be, and has a strong track record of getting positive outcomes. Our lawyers service a clientele that is nationwide. With offices in both LA and NYC, and cases all across the country - Spodek Law Group is a top tier law firm.
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In 2022, Netflix released a series about one of Todd’s clients: Anna Delvey/Anna Sorokin.
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Invoice factoring can be an attractive financing option for businesses looking to improve cash flow and access working capital. With invoice factoring, a business sells its unpaid invoices to a commercial finance company, called a factor, to receive immediate funds. The factor then collects payment from the customers directly when invoices are due.
The invoice factoring process involves three key players – the business, its customers, and the factor:
Invoice factoring offers several advantages over traditional bank loans:
If your business can relate to any of these scenarios, invoice factoring may be a viable option:
Businesses in industries with longer payment cycles like staffing, manufacturing, wholesale, distribution, business services etc. can benefit greatly from invoice factoring.
While evaluating invoice factoring companies, consider the following:
A few other options similar to invoice factoring that businesses can explore are:
Each option has its own pros and cons to evaluate before deciding what works best for your needs and risk appetite.
While invoice factoring offers easy access to much needed working capital, it comes at a higher cost than traditional bank loans. Carefully factor the invoice factoring fees against the cost of cash flow struggles slowing your business growth before jumping in.
For the right businesses, the cost is well justified to fuel their growth and take on new opportunities faster. Businesses already facing cash crunches can certainly benefit from evaluating invoice factoring to see if it is indeed a viable solution for their situation.
Reddit Discussion on Invoice Factoring Advance Rates – https://www.reddit.com/r/smallbusiness/comments/f1vile/invoice_factoring_question_about_advance_rates/
Quora Post Comparing Invoice Factoring vs Loans – https://www.quora.com/What-are-the-pros-and-cons-of-invoice-factoring-as-opposed-to-a-bank-loan-for-a-small-to-medium-sized-business
When To Use Invoice Factoring – https://www.avvo.com/legal-guides/ugc/when-to-use-invoice-factoring
Selecting An Invoice Factoring Company – https://www.lawinfo.com/resources/small-business/selecting-an-invoice-factoring-company.html
Invoice Factoring Alternatives – https://www.findlaw.com/smallbusiness/finances-taxes/invoice-factoring-alternatives.html
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