Invoice based financing (also known as factoring or accounts receivable financing) is a solution to cash flow problems for businesses. Factoring is an alternative to asset based lending. Advances are tied to your accounts receivable and may include inventory and other assets.
"We were able to keep our owners equity structure intact through a very rapid growth period thanks to the resources provided by North Mill Capital. We now have a highly motivated management team due to the ownership they retained when dilution was a constant risk."