Accounts Receivable Factoring Companies

If you’ve been paying attention at all, you know what accounts receivable factoring is by now, but you’re probably still wondering exactly how a factoring company can help a business like yours.

Let’s talk logistics a minute. WHY would anyone want to get into factoring receivables? What would possess one company to actually want to buy another company’s outstanding invoices? Lest you forget, there are those all important fees. By utilizing an AR factoring company, you pay the nominal service charge that the factoring company keeps as payment, and in return, you get your money when you need it – today. (more…)

Businesses that sell on credit terms require a special kind of financing to help them grow.

It’s an interesting equation. The more you sell, the more successful you are. But as you grow and you are able to sell to larger more stable customers, you also grow into contracts that include payment terms at 60 to 90 days. Even though you know you will be paid, (more…)

You are factoring every time you shop!

No… I am not!

Yes you are and I’ll prove it!

You have a credit card, right? That means (or is supposed to mean) that Visa has examined your credit and up to a certain amount they can count on you paying them back. (more…)

I struggle at times to find the right words to help a business person understand the difference between factoring and lending but here I go…

When a lender lends he is lending and creates a loan.

When a factor factors he is factoring and creates a sale.

That’s the short answer. Need more? Read on . . (more…)

I never like to see a company large or small in trouble. But it always peeks my curiosity to try to understand the circumstances just prior to when the die is cast and the slow roll into the ocean starts.

It’s that butterfly in Africa thing with me. If, but for someone unwittingly doing something different, there could be a better outcome. (more…)