Nov 28, 2023

Launching A Niche Factoring Business

I'm looking to launch a niche factoring business targeted towards SMB manufacturers.

The core value prop is helping them manage cashflows by purchasing invoices with net 60/90-day payment terms.

On paper, this seems like it would be a nice, niche, lifestyle business and solve a real problem, but I'm not too experienced with this market segment.

I would love to get some advice on launching a factoring business and acquiring an initial set of customers.

Thanks!

 

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