While 2020 marked an unprecedented moment in history from almost every point of view, 2021 will come with its own set of challenges. This is how Factoring of Accounts Receivable can help small business owners navigate this new landscape. What Is Factoring of Accounts Receivable? Factoring your invoices means selling them to a company (called…
When it comes to Factoring of Accounts Receivable, the two most important categories are recourse and non-recourse Factoring. Keep reading to learn more about non-recourse Factoring: its differences with recourse Factoring, and how it can help you maintain and grow your business. How Factoring Works Before we delve into specifics, let’s review how Factoring works.…
The holiday season is here and that means joy, togetherness, and warmth, but also some unique challenges for small-business owners. Here’s how Factoring of Accounts Receivable can help you successfully navigate the festive season. Factoring Helps You Manage Your Cash Flow The holiday season can be particularly stressful for some businesses because demand increases while…
Factoring of Accounts Receivable is a financing option that gives your business the flexibility you need to reach your goals without the hurdles of other alternatives, such as bank loans. If you are considering Factoring for your organization, here are four tips you should keep in mind to make the most of it. 1. Make…
Factoring of accounts receivable is a flexible financing method that can help all types of businesses, including those just starting out. If you are considering Factoring your invoices, these are the main do’s and don’ts you should keep in mind. Do Your Research To take full advantage of Factoring you must make sure to work…
Bank loans are one of the oldest and most popular financing options for business owners. However, financing is a big landscape with many alternatives available. One of those options is Factoring, where you sell your accounts receivable to a company (called Factor) that pays you right away and collects the invoices from your clients in…
The COVID-19 pandemic has upended every aspect of our lives, and financing is no different. In this complex landscape, there are three reasons why Factoring makes more sense than ever and remains a compelling financing alternative for businesses of all types. Factoring Is Readily Available There is one very simple reason why Factoring makes more…
Starting a new business is exciting but complex. At the beginning of a new venture, business owners often face a chicken-or-egg dilemma: they need capital to grow but funds are readily available only to established companies that are way past the initial stage. Today we’ll see how Factoring can help budding businesses solve this and…
We have seen in previous posts how Factoring of Accounts Receivable can help many different types of businesses. From the service industry to the distribution sector, Factoring can make a big difference for almost any company. But what about the specific case of trucking companies? Here are four benefits of Receivables Factoring for these organizations.…
Factoring of Accounts Receivable is a convenient solution that many types of companies can use to get cash fast. The problem is that if you are not familiar with Factoring it can be difficult to know what to look for in a Factoring company. That’s why we have created this brief guide with four questions…
