Tags: small business
Estimated 20 Percent Growth in Chilean Banks' Factoring
November 16th, 2009The factoring industry has long been considered a good barometer of the country’seconomy. Chilean banks’ factoring business forecast is estimated at about a 20 percent growth in 2010. This is due in part to an improving economy. more »
Business Crisis Plan Should Include Factoring
October 12th, 2009LogMeIn polled 400 U.S.-based business professionals in the month of September onLinkedIn - checking those who own or work for companies with 10-5,000 employees. The main questions asked included: “Does your company have a business continuity plan in place for a possible flu outbreak?” This type of information is ripe for including an alternative funding plan in place, such as involice factoring. When there is a crisis - employees are not able to work - and invoices are not being paid on time for the same reasons at other companies worldwide, factoring for small business could help get you cash fast. more »
Small Businesses with Two Employees are Ideal for Factoring
September 28th, 2009IFG p[rovides short-term working capital to small clients when conventional financing does not work. Why? Because these smaller companies still have the same cash needs of a larger business. more »
Will Small Businesses get a Tax break?
August 19th, 2009With this in effect, 40,000 small businesses in Texas will be able to keep their money, rather than handing it over to the government. Meanwhile for those other small business owners in other states, invoice factoring can help offset their business expenses. more »
Could Accounts Receivable Factoring Replace Loans?
August 4th, 2009Soon after the financial world went into crisis a year ago, banks turned away anyone seeking a small business loan. One way that small business owners of the future might profit is to stay away from loans altogether, and instead rely on a solid strategy of factoring their invoices. Also known as accounts receivable factoring, this age old business practice benefits businesses that do not get paid for 30 to 60 or 90 days. more »