There are a number of disadvantages to using invoice factoring
services:
Costs money. Service charge and interest charge
need to be compared with the cost of fulfilling these tasks
by yourself and funding your cash needs through traditional
banking facilities.
Factoring service is disclosed to your customers. It
is therefore very important that your factoring company
helps you build a long term customer relationship by collecting
the invoices in the same courteous and diplomatic manner
you would.
