Partners who forge signatures on an invoice or falsely reported lost business would be terminated if caught.
FORBES: Magazine Article
Before long an invoice or an order will be on your desk quoting a price in euros.
BBC: EMU fast facts
The council issued an invoice in October demanding the money, or a payment plan, by 17:00 GMT on Wednesday, which Mr Parsons is now contesting.
BBC: David Parsons rejects demand for further payments
Factors operate on a similar model, purchasing accounts receivables from a business in exchange for an advanced funding amount for each invoice.
WSJ: How to Finance Your Start-Up Without Tapping Home Equity
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