Articles 2018-01-23T15:21:22+00:00
5Feb, 2018

What to Know Before Signing a Factoring Agreement

By | February 5th, 2018|Categories: Factoring Invoices|Tags: , , , |

Factoring has provided important funding to businesses, helping them with capital to grow. They provide needed funds when businesses start struggling with cash availability. It’s the financing you turn to when you have the potential or assets, but not the cash. Unfortunately, there are a few factoring companies that might try and take advantage of the their client's lack of knowledge with the process. Thorough research isn’t just suggested—it’s required—before [...]

30Oct, 2017

Tips For A Smooth Factoring Application

By | October 30th, 2017|Categories: Factoring Invoices|Tags: , , , |

Every day business owners juggle the cash flow demands of their companies.  More than ever, they are turning to invoice factoring as a trusted solution, even when banks decline loans and credit lines. If you are considering accounts receivable funding it pays to be prepared. Save time and money by understanding these five tips before making application to factor your accounts receivable: […]

29Sep, 2017

How to Reduce the Costs of Factoring Invoices

By | September 29th, 2017|Categories: Factoring Invoices|

When a business is strapped for cash they often turn to factoring accounts receivable as a financing solution. Of course a factoring company expects to earn a profit on the cash advance and charges a fee for their service. Since the overall goal is improved cash flow, a company considering accounts receivable financing will carefully weigh the benefits against the costs. Here are five ways a business can reduce or [...]

27Aug, 2017

How Recourse and Non Recourse Factoring Compare

By | August 27th, 2017|Categories: Factoring Invoices|Tags: , , , |

If you plan on selling invoices it is important to know whether the funding proposal is for “recourse” or “non-recourse” factoring.  Here is an overview of both methods. A Look at Non-Recourse Factoring Just like it sounds, there is no recourse for unpaid receivables against the client. The client selling invoices is not financially obligated to the factoring company in the event an approved and funded invoice is not paid [...]

26Feb, 2017

Factoring for Construction Companies and Contractors

By | February 26th, 2017|Categories: Construction Factoring, Factoring Invoices|Tags: , , , |

Being a contractor in today's environment is extremely difficult. Banks are not lending and contractors are reliant on their customers to pay their invoices in a timely manner, which most of the time means 30-60-90 days. All the while you’re expected to make payroll, pay vendors and try to grow your business. This is impossible without access to working capital and if a bank won't lend you the money you [...]

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