Author Archive

Cash Flow Issues Can Be Eliminated By Factoring

Many reliable small and medium-sized companies have a cash flow problem. You may be in that situation. Even though you deliver your products and services efficiently, while sending customers timely invoices; your customers’ accounts payables are set up for 60-day payments. You get in a bind because your accounts receivable lags behind your accounts payable. Although the shortage is no fault of your own, you still have a cash flow problem. Your receivables don’t keep up with your payables. And your bank or financial institution won’t provide the capitol to keep you running. Your company isn’t big enough to obtain a loan or line of credit without high interest rates and payment that cut into your net profit.  Read more...

Business Benefit from Factoring Companies

Any business that sells products and services to the government or other businesses can have difficulty managing cash flow because many of these clients pay in 45 days. Established companies are able to handle this wait, but new and growing companies often struggle because they don’t have the resources to cover overhead expenses without the payment.  Read more...

Accounts Receivable Factoring – The Small Business Solution

Who Can Best Benefit from Accounts Receivable Factoring?

Many businesses, especially small businesses, rely on Invoice Factoring to ensure business growth when cash flow is insufficient. Selling receivables will enable the firm to obtain instant cash to further invest and stimulate the business. As opposed to large businesses, small businesses lacking a steady cash flow will be more dependent on the option to factor when in need of instant funds. During tough economic times, this method is used as a more common tool to keep struggling businesses afloat.  Read more...

Invoice Factoring–Helping Businesses in Tough Economic Times

Business owners understand that they take on huge risks during the course of their ventures. A myriad of factors affect the success of a business enterprise. While many issues are internal to the company, the factors that are external also pose a hazard to the success of a firm. The external factors are also some of the most troublesome, since by their very nature they are not dependent on the business plan, the value of the product or service, or the competency of the managers. Economic recessions create peril to business owners by creating low consumer confidence and unemployment or underemployment which reduces the income of the customers. These customers will cut back on their spending, harming the businesses that would otherwise be patronized.  Read more...

Factoring Means Cash At Your Fingertips

Factoring can be a make it or break it resolution for small business owners with cash flow problems. Many times a small or medium business will provide a product or service only to have to wait for slow payers. This creates a shortage of capital, which can be detrimental to a business.  Read more...

Comprehensive Ideas to Keep Small Businesses on Track through the Year-End

Small businesses are going to feel the budgetary pinch this holiday season. Unless many of them start ‘oohing-and-awing’ their customers, their revenue streams will dry up and the financial books-well, they’re going to get heavy.

I. Review and revamp your business plan  Read more...

The Importance of Freight Bill Factoring

Anyone who runs or owns a trucking business is fully aware of the importance of having clients pay in a timely manner. However, good business practice demands the occasional leniency, and often times a regular client might as for a thirty day extension or credit before paying a freight invoice. In these situations, it is almost impossible to refuse, regardless of your own financial predicament. The question then comes down to feasibility. After all, as much as you want to offer the client flexibility and demonstrate your alacrity to assist them, the reality is your business cannot run without income for fuel, driver salary, and maintenance costs.  Read more...