In this article: What is Factoring Receivables? How Factoring Receivables Works The Standard Factoring Agreement Process What is a Factoring Agreement? Invoice Factoring Fees: How to Read the Fine Print in Your Factoring Agreement How Much Does Factoring Receivables...
Cashflow is the lifeblood of business, and invoice factoring can be a useful financial tool to help small- and medium-sized businesses improve the management of their receivables to help grow their business. We invite you to use the following information as a guide to...
“And you don’t mess around with the IRS.” We have all heard these lyrics written by Josh Turner and made a Top 10 Hit (8) by Jim Croce in 1972 and, if your company has ever fallen behind on your payroll taxes (940 payments and 941 payments) with the IRS, you may have...
Top 25 Leadership Blogs for Small Businesses Leadership expert John C. Maxwell once said, “A leader is one who knows the way, goes the way, and shows the way.” It doesn’t matter what industry you’re in or how large your organization is – good leadership is...
Cash Flow Management for Janitorial Businesses: Take advantage of every opportunity to save money When you choose invoice factoring as the business funding for your janitorial business, you can take advantage of payment discounts, avoid paying late fees and penalties,...
Lack of business funding is one of the top challenges in business today, reports the National Small Business Association (NSBA) 2016 survey. The 2016 Mid-Year National Small Business Association (NSBA) Economic report reveals 21% of business owners surveyed listed a...
Entrepreneur Ideas: Four things a business owner must do before year end There is something unique about finishing out the business year. Whether it was good or bad…whether you’re sad it’s over or happy it’s behind you…or even if you’re just wondering where those 12...
Bank checking accounts have gone digital. Thanks to the “Check Clearing for the 21st Century Act,” the rules of the game have changed. Here’s what to look out for. It’s like the Jetsons took over the banking business – at least when it comes to your checking account....
How to Balance Your Checkbook Activity: Here are 4 Good Options! If you have an existing checking account and have not been balancing it each month, then you have three options in order to get your account balanced. Stop trying to figure out your checking...
By the Numbers: Small Business Funding (and Invoice Factoring) Economy is on the rise, but for small businesses and startups two facts remain unchanged: Business credit, while improving, remains very tight. Business owners continue to seek alternative...