How Factoring Can Help You to Bootstrap Your Company

Cynthia Wylie
3 min readMar 20
Photo by Vardan Papikyan on Unsplash

Financing your business in the right way is probably the single most important thing to grow and in some cases, even survive. Many startups give away equity or ownership of their company to raise money from others, be they friends and family or angel or seed investors. You can also bootstrap your new business. Bootstrapping means that ongoing revenues and profits are enough to finance your startup…

Cynthia Wylie

Founder of Bloomers Island. Published children’s book author at PRH. Writes about big kid’s stuff like economics & business, too.