Woman and man holding laptops and looking at each other illustrate blog "You’ve probably heard the term “no-doc” business loan thrown around a lot these days. And even if you don’t know what a no-doc loan is exactly, you probably understand that it’s less complicated than a traditional loan. But does factoring fall within this category? Keep reading to find out."

Is Factoring a No-Doc Business Loan?

You’ve probably heard the term “no-doc” business loan thrown around a lot these days. And even if you don’t know what a no-doc loan is exactly, you probably understand that it’s less complicated than a traditional loan. But does factoring fall within this category? Keep reading to find out. What Is Factoring? Factoring refers to…

Woman sitting at desk looking at computer illustrates blog "Do Factoring Companies Check Your Credit?"

Do Factoring Companies Check Your Credit?

For businesses that struggle with slow-paying clients, factoring companies can be a great way to improve their cash flow. However, business owners often wonder if factoring companies check their credit scores. If you’re asking this too, then this blog is for you.  Do Factoring Companies Check Your Credit Score? Typically, factoring companies don’t check your…

Man and woman looking at laptop illustrate blog "Are Accounts Receivable Assets or Liabilities?"

Are Accounts Receivable Assets or Liabilities?

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…