As a small business owner, growing your business is probably at the top of your list of priorities. And while this can be a challenge, having the right tools can make things a lot easier. Factoring of Accounts Receivable helps you grow your business by allowing you to overcome cash shortfalls and by increasing the…
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…
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…
