If you are concerned with your ability to meet payrolls because of unpredictable cash flow you are a candidate.
You should get one that not only has a low interest rate, but also disperses a large percentage of the accounts receivables (ideally, you should get one that dispenses 90% of the face value of the invoice for the initial payment). Factoring in Canada is somewhat of a fragmented industry, so we encourage you to seek and speak to respected and credible business financing and factoring advisor.