Invoice Factoring Blog

According to the latest quarterly survey of economists, more U.S. companies are planning to boost payrolls. This is a sign that sales are strengthening and there is a better outlook for economic growth. In fact, the businesses that are planning on increasing staff in the next six months exceeded those projecting more employees to be being fired by 21 points. To sustain growth, businesses can use accounts receivable factoring, which allows business owners to project invoices that are due, then get funds earlier, and put the money back into their business, without waiting the typical 60 to 90 days for the funds. more »

A construction company, normally required to wait for payment before starting on the next phase of a project, can begin construction on a new project thanks to invoice factoring. With construction invoice factoring, the construction company, or sub-contractor, can be paid virtually overnight for these invoices (accounts receivable) thus speeding up cash flow so that a company can start on the next phase of a construction project. more »

If you don't have enough to cover your business taxes, you could use accounts receivable factoring to make up the difference fast. As you know, the more tax deductions your business can take, the lower your tax debt will be. But this year if you misjudged the IRS rules on just what is or is not deductible, and you came up short of cash to cover the debt, there is one way that could solve the problem - accounts receivable factoring. more »

A business as defined by the Small Business Association (SBA) is defined as an entity that is organized for profit; has a operates as place of business in the U.S.; and makes significant contributions to the U.S. economy through payment of taxes or use of American products, materials or labor. This is another reason factoring for small business today remains one of the oldest practices in history. more »

The new Credit Card Accountability, Responsibility, & Disclosure (CARD) Act's  rules took effect on Feb. 22, providing cardholders with some relief from practices that consumer advocates have long condemned.  On the list is raising rates on old balan… more »