19 May, 2020

Eight Steps To Positive Cash Flow

2020-05-20T07:16:22-04:00

Even before the Corona virus 69% of small business owners faced cash flow issues.  Negative cash flow can limit your ability to pay bills, limit growth opportunities and ultimately force a business to close.  These following best practices will help business owners turn cash flow positive without taking on new debt! Email your invoices immediately and correctly - It may seem obvious to bill as soon services are delivered. Some companies only issue invoices once a month. The business owner needs to make sure that invoices are being sent to the correct address. Also ensure you have the correct information like [...]

Eight Steps To Positive Cash Flow2020-05-20T07:16:22-04:00
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
6 Mar, 2019

Factoring Accounts Receivable – How To Sell Invoices

2019-03-06T14:50:27-05:00

Are you a business in need of working capital to fund expansion or pay bills? A growing cash flow solution is factoring or, selling invoices with AR Factoring. How Factoring Works So let’s face it. Cash flow is everything. You can have all the business in the world but until such time as your customer actually pays for the goods or services, you are stuck. In a cash flow bind, many businesses are faced with two vastly different choices. The first is to go to a bank and try to get a loan. Although bank loans are sometimes a good option, [...]

Factoring Accounts Receivable – How To Sell Invoices2019-03-06T14:50:27-05:00
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
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
29 Sep, 2017

How to Reduce the Costs of Factoring Invoices

2020-04-20T13:25:39-04:00

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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