In these harsh, unforgiving and capricious economic times, it is now more crucial than ever before that businesses are extra cautious about the manner in which they use their resources and utilise their assets. Before the global recession, the acquisition of credit from commercial lenders was fairly straightforward and painless to accomplish, furthermore, the rates of interest and other sundry terms that were imposed on the credit loaned were fairly competitive.Unfortunately, the commercial lenders have now introduced terms and conditions which are nothing short of arbitrary and so the end result is that the average business owner is now faced with a stark and bleak choice: either accept the rigid terms demanded by the commercial lenders in order to allow the business to enjoy a spurt of growth at the expense of potential and actual long term profits and control in the business.Alternatively, the business owner can keep things as they are, and run the risk of losing out on potential and actual long term profits and control as they are unable to keep up with the precise demands and whims of their customers, who then turn to other competitors to meet their needs.Thankfully, this grossly unfair and highly uncompetitive status quo has finally been remedied by virtue of the ever increasing influence and expansion of the temporary service factoring sector, which is growing on a daily basis at an unprecedented level. Effectively sweeping the old regime away in one fell swoop, the temporary service factoring providers have helped to ensure that hard working business owners, who for years have had to contend with the unfair choices provided by the commercial lenders now have a chance to actually acquire massive amounts of capital with a minimum of red tape and interference.One of the main challenges that business owners would ultimately encounter whenever trying to secure business financing for themselves was that their credit rating would be analysed and investigated to determine the level of risk that they presented to the lender. Therefore, this meant that newly founded businesses that otherwise would be profitable, were denied funds simply because they were not pleasing enough to the banks.Such a superficial snap judgement may seem deeply unfair to many of us, but the simple truth of the matter is that was precisely what occurred, and on a regular basis. Even if the newly founded business was successful in securing aid from the commercial lender, the business would be liable for a higher rate of interest than a more successful company.With temporary service factoring, the only variable that the factoring agency will ever be concerned with is the invoices, and specifically, the value and the quantity of them. With that in mind then, the business may wish to try and pursue the collection of older invoices by themselves, because the factoring agency will pay less money for older accounts. The reason for this is the presumption on their part that older accounts have a higher risk of default associated with them.