Tags: factoring invoices
The Popularity of Invoice Factoring in Small Business
March 4th, 2010Have you heard about the America's Recovery Capital program offered by the Small Business Administration? To date 6,340 businesses plus were receiving the SBA ARC loan nationwide. This program was created as part of year's stimulus package. The ARC loan… more »
NFIB Small Business Credit Report: Affects Construction Factoring
February 25th, 2010The NFIB Research Foundation, just released the new report "Small Business Credit in a Deep Recession." The bottom line to these findings show that although obtaining credit has become more difficult, declining sales and depressed real estate values lie at the base of credit problems. more »
Credit Market News Still Bleak
February 24th, 2010The news on the credit market remains bleak, according to a Wall Street Journal report ($) today, stating that bank lending in the U.S. saw its sharpest drop since 1942. Increasing bank lending is key to the Obama administration's goal to help small busi… more »
The Advantages of Fast Funding Via Factoring
February 23rd, 2010Also known as factoring accounts receivables, factoring begins with due diligence that usually takes one to two business days. Once completed the client is at liberty to offer invoices to the factor for purchase. Upon receipt of invoices, the factor checks the credit of the debtor named on the invoice and makes sure that the sale has been satisfactorily completed. Next the debtor is advised of the purchase by the factor and the client receives funding. more »
Construction Factoring During Economic Recovery
February 18th, 2010Since the beginning of the recession in December 2007, employment in the construction industry has fallen by 1.6 million.Many builders are struggling, while others with outstanding invoices for recent jobs are able to use invoice factoring to collect past due accounts receivables. more »
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