We have received quite a bit of attention today on the press release that was posted today about how
accounts receivable factoring for small business can convert payments on terms to cash on delivery. This concept is one way that small small businesses can pay for health care costs for employees.
Currently 17 percent of small businesses currently do not offer health coverage due to the red tape and high costs. And successful health reform could yield some serious benefits for small businesses in the United States — however, it may take the current administration quite some time before small businesses can actually begin to benefit from a new reformed health care plan.
In the meantime, accounts receivable financing offers the ideal opportunity for a small business to plan ahead, using invoices that get paid anywhere from 30 to 60 to 90 days out. Rather than waiting for these accounts to be paid, small businesses can shorten these payment terms or convert payments on terms to cash on delivery faster, then apply this to health care costs for their employees.
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