15 Feb, 2020

I Am Approved For Invoice Factoring, Now What?

2020-05-20T06:54:32-04:00

So, you made the decision to factor your invoices. You’ve discovered that invoice factoring allows you to get funds immediately without worrying about acquiring additional debt. Recently, you have applied for accounts receivable factoring through a factoring company and you were approved. Now that the hard part is over, what happens next? Many businesses aren’t sure what the next steps to take after being approved for invoice factoring and receiving cash. There are some smart ways to use the funds as a means to your cash flow problems and essential needs. Here's Five Steps to Take After Being Approved for Invoice [...]

I Am Approved For Invoice Factoring, Now What?2020-05-20T06:54:32-04:00
21 May, 2018

Using Factoring to Grow Your Business

2018-05-21T15:15:18-04:00

Despite what you may have heard, factoring isn't just for failing, cash-flow deprived businesses. In fact, factoring companies ideally look for clients and businesses that are ready to grow—not just survive. Here are a few reasons why factoring helps grow your business. How Invoice Factoring Works Invoice factoring is a straight-forward, alternative funding solution that removes the red-tape from banks and gets you the money you need quickly. How? By exchanging customer invoices for cash today.Instead of waiting weeks (sometimes months) to collect on your invoices, sell them and get the funding you need now. While it does help companies pay [...]

Using Factoring to Grow Your Business2018-05-21T15:15:18-04:00
30 Oct, 2017

Tips For A Smooth Factoring Application

2018-01-19T12:33:28-05:00

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: […]

Tips For A Smooth Factoring Application2018-01-19T12:33:28-05:00
26 Feb, 2017

Factoring for Construction Companies and Contractors

2020-03-11T15:17:30-04:00

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 which factoring for construction companies and contractors supplies. If a bank won't lend you the money you have got to either: Turn down jobs Find jobs where General Contractors/owners pay promptly, which aren’t abundant because most contracts are “paid-when-paid” Find an [...]

Factoring for Construction Companies and Contractors2020-03-11T15:17:30-04:00

Contact Info

175 West Monroe Street, Ste 122 Wytheville, VA 24382

Phone: 800-530-2621

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