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...
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...
Watch out for Sneaky Invoice Factoring Tricks! Invoice factoring can be a great financing option for your growing company. Factoring can get money into your bank account faster and make your cash flow much more predictable. Predictability lets you stay current on your...
Terrific Wage News for IT Temp Employees Translates into a Cash Flow Management Problem for Information Technology Staffing Services Agencies. A recent study shows that IT experts who work for temporary staffing agencies make 20% more in wages than their counterparts...
Invoice Factoring Companies Expertly Address a Challenge Unique to Staffing Firms. Today, I will spotlight one industry that greatly benefits from receivables factoring; staffing firms. More specifically: Temporary staffing agencies, Nurse staffing agencies, Medical...
It depends on whom you ask and how certain terms are defined, but some experts believe that more than 90 percent of small business failures can be attributed to cash flow management problems. The amount of cash coming into your business must be more than the amount of...
Four Reasons to Consider Invoice Factoring Industry estimates place annual invoice factoring at nearly $120 billion annually in the United States, alone. Factoring has been around for centuries, and has helped businesses in at least 70 countries. Factoring has worked...
If you were told you could improve your company’s cash flow management, speed up your receivables, stay current on payables and have funds to expand your business – all without taking on more debt – you’d probably think it’s too good to be true. But that’s the case...
