Does your small business need financing? Read this article to learn about easy to obtain business financing.
The History of Invoice Factoring
Factoring is one of the oldest business practices known. We know that it was used at least as long ago as the time of the Ancient Roman Empire, when merchants would enlist the help of collectors in order to settle trade debts. The primary reason for factorings long history is that it addresses a very fundamental problem in business itself: cash flow.
Financing Your Business with Receivable Factoring
Do you own a growing business? Are your clients taking up to 60 days to pay their invoices? Learn how to finance your growth with receivable factoring.
Can accounts receivable factoring help your business grow?
Is your busines in need of financing? Been turned away by the bank? Learn about accounts receivable factoring – an innovative way to finance your business.
Factoring Financing For Canadian Companies
Is your company based in Canada? Do you need business financing? Read this article to learn how finance your company with factoring and invoice discounting.
Factoring Invoices – Financing for Small Business Owners
Do you own a small business that is growing and needs money? Read this article to learn about an easy way to get money for your business.
Export Financing – How to Use International Factoring to Finance your Sales
Are you selling goods and services in other countries? Learn how to finance your exports with international factoring.
Using Invoice Discounting For Cash Flow
Invoice discounting is basically the same as invoice factoring: it involves selling your invoices that are not yet due to be paid to a company at a discount. The discount provides the company purchasing your invoices with their profit; but by receiving cash now for your invoices, invoice discounting enables you to:
* Meet emergency expenses
* Pay suppliers early to take advantage of early-payment discounts
* Take on time-sensitive new projects
* Expand your business mor…
What can a factoring company do for your small business?
Do you own a business that needs money? Learn how to get business financing the easy way – from a factoring company.
What Is Invoice Factoring And Invoice Discounting?
The Romans were the first civilization to sell promissory notes at a discount, beginning the industry of factoring. America was built largely on the possibilities of factoring, when colonial businesses were factored by Europeans willing to invest cash in exchange for the promise of large returns, and government bonds also use the same principles applied by businesses when they engage in invoice factoring.
Invoice factoring is, at its simplest, the sale of the right to coll…
Why Try Factoring?
When you engage in factoring or selling your accounts receivable, you’re accepting less money for an asset than you might expect to get for it. But there are great reasons for factoring and here are 10 of them:
1. The ready cash you’ll get by factoring will help your company to grow. If you have $2000 ready cash in the bank, but you’ve invoiced for $100,000 down the line this will lead to $75,000. Think about it: the ability to hire more necessary staff, buy needed equipme…
Stimulate Company Growth Using Accounts Receivable Factoring
Accounts receivable factoring is the sale of part or all of a debt that someone owes to your company. When companies purchase a debt through accounts receivable factoring, they pay for your invoice at a discount. They then collect the debt directly from the company who owes you money.
Accounts receivable factoring is distinct from using your accounts receivable as loan collateral because you are outright selling some or all of your receivable to a factor, such as a bank o…