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
25 Apr, 2018

5 Common Factoring Misconceptions and Myths

2018-04-25T16:25:00-04:00

While a viable and easy funding option, invoice factoring sometimes gets a bad reputation. Some say it is impossible to avoid high-interest rates. Others say it’s only for large business. Some people even think the process is a hassle for your clients. Those statements couldn’t be more wrong. Let’s break down a few common factoring misconceptions and myths. Factoring Misconceptions and Myths You Need to Stop Listening To Whether they are ill-informed, slightly off or completely wrong, these factoring misconceptions and myths are passed around through water cooler talk. But, it's time you stop believing everything you hear. 1. Factoring [...]

5 Common Factoring Misconceptions and Myths2018-04-25T16:25:00-04:00
9 Mar, 2018

Will Factoring Work For My Business?

2018-03-09T11:43:37-05:00

Growing, expanding and running your business requires cash and funding. Many companies find this needed cash through traditional funding situations like bank loans. However, these don’t work for every business. When a company has unique funding needs they often look for alternative options like factoring. But, often times you're left thinking: will factoring work for my business? What is Invoice Factoring? One funding option is invoice factoring. Businesses or companies can sell their accounts receivable invoices (at a discount) to a funding source for cash, essentially factoring future payments for funding now. But, would factoring work for your business? Isn’t Factoring [...]

Will Factoring Work For My Business?2018-03-09T11:43:37-05:00
5 Feb, 2018

What to Know Before Signing a Factoring Agreement

2018-02-07T09:24:19-05:00

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 signing a factoring agreement. Generally, understanding what you are signing, before signing is standard protocol. But, this is especially true for factoring agreements. Some companies fill their agreements with extra requirements [...]

What to Know Before Signing a Factoring Agreement2018-02-07T09:24:19-05:00

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