What are Average Factoring Rates?

Posted by on Feb 8, 2017 in Accounts Receivable Factoring | Comments Off on What are Average Factoring Rates?

Opting for invoice factoring over other financing choices is only the first step. Once you have decided on non-bank financing to improve cash flow in your business, you need to investigate the cost of invoice factoring. Factoring companies charge different rates and fees, and you want to make sure your overall cost is the best value for the money you spend on cash advances. How are You Charged Interest with Invoice Factoring? There is often some confusion with the billing process of invoice...

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A Better Alternative To Business Cash Advances

Posted by on Jan 5, 2016 in Accounts Receivable Factoring | 1 comment

Small businesses with bad credit that cannot obtain a bank loan often seek cash advances to achieve additional cash flow. Business cash advances are made against future product sales. Repayment begins immediately, as the cash advance provider either takes a portion of your ongoing sales, or debits your bank account every business day. Further, the interest charges on business cash advances can be significant – upwards of 60% or more at an annual rate. As they are structured, cash advances...

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Receivables Factoring vs Invoice Discounting

Posted by on Dec 11, 2015 in Accounts Receivable Factoring | 0 comments

Many businesses that face a shortage of cash for working capital purposes can benefit from receivables factoring or invoice discounting. Both forms of financing provide immediate cash against your receivables, so that you don’t need to wait until your customers pay down their invoices, which could be as long as 60 to 90 days, or even longer in some cases. Factoring Factoring represents the sale of your receivables to a financing or factoring firm. The factor evaluates the creditworthiness of...

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Rapid Growth Funding through Accounts Receivable Financing

Posted by on Nov 21, 2015 in Accounts Receivable Factoring, AR Funding, Business Tools | 1 comment

Steady or fast growth is the primary goal of any young business owner. When and if those growth opportunities arise, do you have the resources in place to move forward? It may not seem like it, but growing too rapidly can be a death blow to a young company. Most young companies lack the experience, planning ability and insight to properly navigate rapid growth. As you know cash is King, and most start-ups are not flush with working capital. You may currently have a line of credit with a bank,...

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Benefits of Accounts Receivable Financing vs. Bank Loans

Posted by on Aug 11, 2015 in Accounts Receivable Factoring, Aerospace/Aircraft Financing | 0 comments

Accounts Receivable Financing is the sale of a companies receivables at a discount in exchange for immediate cash. The percentage of working capital a company can receive upfront ranges from 70-92%. AR financing can be a perfect solution for many industries including textiles, to wine distributors to start-ups. Any company that is non-bankable AR financing improves cash flow and accelerates growth and evades debt burden. There was a time when bank loans were considered the easiest, least...

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Accounts Receivable Factoring for Oil and Gas Suppliers

Posted by on Feb 17, 2015 in Accounts Receivable Factoring | 0 comments

From Bismarck North Dakota to San Antonio Texas, Oil and Gas companies and suppliers are experiencing a huge shift in commodity prices.    Yet, America’s oil production continues to rise.  Oil producers and suppliers have transformed themselves into nimble high-tech manufacturers that can adapt on a dime to outside forces.    Funding tools such as accounts receivable factoring  give oil and gas suppliers the working capital they need to continue doing business as...

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