5 Feb, 2018

What to Know Before Signing a Factoring Agreement


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
30 Oct, 2017

Tips For A Smooth Factoring Application


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
29 Sep, 2017

How to Reduce the Costs of 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. What about the accounts receivable factoring costs? 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 offset the cost of factoring and still improve cash flow: Strategy #1 – Early Payment Discounts Use the money to take advantage of early [...]

How to Reduce the Costs of Factoring Invoices2020-04-20T13:25:39-04:00

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