.The advantages of factoring over a bank loan can help your small business stay afloat by allowing you to access payments from your clients instead of relying on financial institutions. In an environment with greater competition, businesses need all the help they can get. With this article, we will explain in detail why invoice factoring […]
accounts receivable factoring
Pitfalls to Avoid When Factoring Invoices
3 years ago
1. Your Customer Is Not Creditworthy The success of your factoring application depends less on your creditworthiness and is more dependent on your customer’s credit history. If you submit invoices to us and we find that the clients connected to those particular invoices are not creditworthy, we would not be able to proceed. There is […]
How To Borrow Against Your Accounts Receivable
3 years ago
Accounts receivable financing is the ultimate solution for your cash flow problems. Unfortunately, a lot of businesses lose business or incur inefficient debt because they don’t understand that this type of financing is available to them. We’ll explain what accounts receivable financing is and how it works so you can easily gain access to funding. […]
Why invoice factoring is a great way to fund your company’s growth
4 years ago
Invoice factoring, or accounts receivable factoring, is not just a fast and convenient way to solve temporary cash-flow problems. (Cash flow problems are all too common among small businesses). Invoice factoring is also an extremely helpful tool when it comes to funding the growth of your business. While many people call upon a factoring company […]
Five Ways to Finance a Federal Government Contract
4 years ago
Government contract financing may be the last thing you think about in the excitement of preparing and submitting your bid. Yet so many small to medium-sized enterprises learn the hard way that it needs to be addressed right at the beginning of the process. When looking at financing your government contracts, you want a solution […]