Category: Invoice Factoring
Ten Tax Tips: Factoring for Your Tax Debts
March 8th, 2010Many small businesses are scrambling this month to meet the annual tax deadlines. And this year, the recession has made the job even more difficult. In fact, this is the time of year when many small businesses resort to accounts receivable factoring, in order to pull together the funds to pay their taxes. more »
Invoice Factoring during Economic Recovery for Small Businesses
March 8th, 2010In today’s tough economy, small business finance can be confusing unless you know the tips for negotiating the best deals, sourcing funding, and most importantly, keeping the cash flow healthy. A number of financial experts today know that invoice factoring is a proven financial method to stay afloat. 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 »
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