Understanding Factoring Rates

Posted by on Jan 24, 2016 in Alternative Financing, AR Funding, Discount Factoring, Government Factoring, Staffing Factoring | 0 comments

What is the key to Understanding Factoring Rates?  Many business owners attempt to compare APR interest rates to invoice factoring rates. The problem is twofold. One, the best factoring company’s rates include Accounts Receivable Management, Credit Services and Credit Protection and two, a bank only helps the most creditworthy company with typically 3 years of proven profitability. We now explain the basic factoring process in simple terms for you to understand how it works and what it would...

Read More

Shark Tank (Private Equity) versus PO Funding and Receivables Factoring

Posted by on Apr 29, 2015 in Alternative Financing | 2 comments

Shark Tank is a TV show with almost eight million weekly viewers not counting the streaming viewers. One of the “Shark” Investors, Kevin O’Leary likes to call it venture capital on steroids.  Everybody knows that the deals that happen on Shark Tank don’t always come to fruition. Shark Tank investors have their “people” look into the deal and often times the deal will change drastically. Sometimes the deals don’t even happen at all. The bottom line is that...

Read More

Purchase Order Funding vs Invoice Factoring

Posted by on Feb 18, 2013 in Alternative Financing, Business Tools, Invoice Factoring, Purchase Order Funding | 0 comments

For many business owners, cash flow can be a routine problem. It is no secret that businesses need cash in order to pay employees, buy supplies, and pay for shipping orders. So, where can a company get the funds it needs? Some have tried to turn to what is known as purchase order funding instead of using invoice factoring. This is not always the best solution. Here is why. To begin, we must first understand that these are not the same. Invoice factoring can be used by virtually any company that...

Read More

Bank Factoring

Posted by on Jan 22, 2013 in Alternative Financing, AR Funding, Working Capital | 0 comments

The Benefits of Outsourcing Bank Factoring The nature of bank lending practices often puts bankers in the position of having to turn down a business loan application – even from a current client – because the client’s balance sheet is overextended, it does not have any further available collateral to increase its line of credit, or for other reasons. Often, bank clients may wish to use invoice or receivables factoring as a way to raise additional cash for working capital, business...

Read More

Need Money for Business

Posted by on Aug 14, 2012 in Alternative Financing, Business Tools, Startup Financing | 0 comments

Where do you turn if you need Money for your Business? It is not easy to find working capital to grow your business today. And if you are doing all the right things growth consumes even more of your precious cash. Increased sales means increased payroll, materials and overheads. Where does an under capitalized entrepreneur turn? Let’s discuss what is available for you and your business today. Depending on the length of time you have been in business, your type of business, the amount of...

Read More

Banks Say No

Posted by on Jul 25, 2012 in Alternative Financing, Business Tools, Startup Financing | 2 comments

What to do when the banks say no to your business loan request? Well first let’s discuss the reasons a bank could say no to your loan request and what you can do about it: Wrong Bank: There is a very good chance that you are at the wrong bank. Every bank has a sweet spot for loans and your loan request might not be in it. Some banks are only “dirt banks” i.e. they only lend against real estate. Some banks do not do any SBA backed loans or loan against inventory. All banks...

Read More

Back to Top