When it comes to financing, there are no one-size-fits-all solutions. Different businesses have different needs. However, if you are weighing the pros and cons of factoring and bank loans, here are three facts we believe you should keep in mind. 1. Factoring Is Fast If there’s one thing you have to know about banks is…
The world of financing can be complex and fast-moving. With so many technical terms floating around, it’s easy to get confused. For example: What is the difference between receivables factoring and receivables securitization? Keep reading to find out. Securitization of Receivables To talk about securitization of receivables, we have to understand first what securities are. …
Everyone knows that cash flow is important, but not everyone can tell why. In this post, we take a closer look at cash flow using simple examples and provide some smart cash flow management strategies. What Is Cash Flow? The term “cash flow” refers to the balance of cash moving in and out of a…
You probably have heard about Factoring and its benefits. But how does Factoring work? Keep reading to learn more about this convenient financing alternative that gives your business the edge it needs to stay ahead of the competition. How Does Factoring Work? Simply put, Factoring helps you unlock the cash tied up in your unpaid…
We live in the disinformation age, so it’s no wonder that there are myths swirling around all types of topics, including Factoring of Accounts Receivable. Luckily, this problem is easy to solve: Come with us as we debunk three common myths about Factoring. Myth 1: Factoring Is Difficult This is probably the biggest myth about…
Partnering with the right company determines your success in implementing Factoring as an effective financing solution. From customer service to the different types of Factoring, here’s what you have to look for in a Factoring company. Flexibility One of the main reasons why companies use Factoring is because it offers them greater flexibility. However, working…
Regardless of the size and scope of your organization, Factoring should be on the top of your list of financing solutions. However, there are three reasons why Factoring is perfect for small businesses. Factoring Is Easy to Qualify For Qualifying for traditional loans is one of the most common roadblocks that small businesses must face.…
Factoring of Accounts Receivable is a financing alternative widely used in the manufacturing and transportation industries. But is it a good option for the service industry? The positive experiences of many companies show that Factoring is indeed a solid financing option for the service industry, including: Providers of IT services Consultants Accountants Security providers Staffing…
In previous posts, we have reviewed the advantages that Factoring of Accounts Receivables offers to different industries. But what about the benefits of Factoring for wholesale and distribution companies? By giving these organizations quick access to cash, Factoring solves some of the most common headaches that owners of wholesale companies face day in and day…
Factoring of Accounts Receivable is one of the best financing alternatives for owners looking to maintain or scale their business. Do you want to know why? Just take a look at these four common situations where Factoring is a gamechanger for your small business. You Need Cash Right Away While every business is unique, all…
