Whether you’re a seasoned entrepreneur, a budding startup founder, or simply someone interested in financial literacy, understanding what it means to be cash-flow positive is crucial. Let’s delve into this concept to understand its importance. Defining “Cash Flow Positive” At its core, being “cash flow positive” means that a business or individual has more money…
Whether it’s a small business or a larger corporation, there will always be times when a business may face a cash crunch. In these situations, the business needs to raise funds to keep the operations running. Invoice factoring and overdraft are two common options businesses can consider in such circumstances. But which one is best? …
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…
With so many financing solutions out there, it can be difficult to make sense of your options. For example: what is the difference between receivables factoring and forfaiting? How to determine which one works for your company? In today’s blog post, we answer all these questions. What Is Receivables Factoring? Receivables factoring is the process…
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…
As its name implies, bad debt is a big no-no for a company. But how to shield your organization from this type of debt? Non-Recourse Factoring is one of the most effective tools available to business owners. What Is Non-Recourse Factoring? As you probably know already, Factoring means selling your unpaid invoices to a company…
Receivables Factoring is a financing solution–you probably know that. But is it a short-term or a long-term solution? Today we give you the lowdown on the best ways to use Factoring for your business. Is Factoring a Short-Term or Long-Term Solution? Let’s begin by answering the question in the title: is Factoring of accounts receivable…
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…
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…
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…
