As we have seen in previous posts, receivables factoring can help companies across a vast array of industries, from transportation to services. But what about recruiting companies? In today’s post, we take a look at how factoring can help recruiting and staffing organizations. Is Receivables Factoring a Good Idea for Recruiting Companies? Yes! Factoring of…
It’s true: the world of business is filled with confusing terms whose meanings sometimes overlap. However, as a business owner or investor, it’s important to understand the difference between terms like cash flow and income. In today’s post, we tell you everything you need to know. What is Cash Flow? Cash flow refers to the…
As a business owner, cash flow is a crucial aspect of your operations. However, many business owners often face cash flow problems due to delayed payments from customers or unexpected expenses. This is where invoice factoring and lines of credit come in handy. In this blog post, we will be comparing invoice factoring to lines…
As every business owner knows, working capital is indispensable to support the day-to-day operations of a company. But does it make sense to use invoice factoring for working capital? Keep reading to discover the answer. Invoice Factoring for Working Capital: Is It a Good Idea? Yes, invoice factoring is a good way to get working…
When it comes to keeping your business financial information streamlined, you can come across several confusing and seemingly similar terms. With that in mind, today we offer a detailed explanation of the differences between accounts receivable and a control account. Accounts Receivable vs Control Account: What Is the Difference? The fundamental difference between accounts receivable…
Whether you are starting your business or are an experienced business owner, brushing up on the basics is always a good idea. With that in mind, today we discuss accounts receivable, from a basic definition to some examples. What Are Accounts Receivable? The most basic definition of accounts receivable (AR) is “the amount of money…
Accounts receivable management can be complex when you don’t have specialized accounting knowledge. For example: are accounts receivable considered assets or liabilities? In today’s post, we answer this and other common questions about AR management. What Are Assets and Liabilities? To determine whether accounts receivable are assets or liabilities, we have to define some basic…
If you are in the process of choosing a financing solution for your business, you may be wondering why so many companies factor their receivables. In today’s post, we discuss some of the most common reasons why businesses like yours choose to factor their accounts receivable. Factoring Helps Companies Get Paid Faster To put it…
In today’s post, we take a look at the top 11 Instagram accounts for truckers. From offbeat humor to truck spotting and women truckers sharing their experiences with the world, there’s something for everyone! 1. Truck.drivers.usa (406K Followers) From videos of trucks on fire to the hassle of being pulled over for a mudflap being…
As everyone knows, one of the benefits of receivables factoring is that you don’t have to meet the strict requirements of bank loans. But how do you qualify for receivables factoring, exactly? Follow along to discover the answer. How Do You Qualify for Receivables Factoring? In order to qualify for receivables factoring, you just have…
