Invoice Factoring Blog

The 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 »

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 »

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 »

Nonfarm private employment decreased 84,000 from November to December 2009 on a seasonally adjusted basis, according to the ADP National Employment Report. The December employment decline was the smallest since March of 2008. Factoring still provides security for tough economic times. more »

Unlike most capitol resources, the factoring relationship can be set up within days and once set up the funding of invoice can happen between 24 to 48 hours. Read about the eight benefits of accounts receivable factoring. more »