Invoice Factoring Blog

Also 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 »

Since 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 »

The 2010 Construction Outlook, was released by McGraw-Hill Construction in October of last year. The report forecasts an increase in overall U.S. construction starts for the following year. And if not we'll see a trend towards construction factoring continuing throughout the year. more »

Small business is a stimulus for new jobs in a struggling economy and this commitment to small businesses will be measured carefully over the next five years, along with job loss statistics.Smart small business owners are familiar with the strategy of factoring invoices to turn their accounts receivable into fast cash. It’s used as a short-term solution for some, while others have discovered factoring as a long term, or permanent, business funding tactic. Now, the Obama Administration is expanding two lending programs for the owners of small businesses, hoping to create more jobs as part of his strategy for economic recovery. more »

Projections ahead for the year 2010 include the fact that businesses will be factoring accounts receivables - less for survival and more for stability and growth. more »