International Factoring & Export Finance

Posted by Chris on Jun 5, 2012 in Business Tools, International Factoring, Purchase Order Funding | 0 comments |

International Factoring & Export Finance

In addition to providing Purchase Order Financing, BusinessCash.com provides International Factoring and Export Finance to the U.S, Caribbean and Canadian based companies selling overseas. International Factoring is for companies operating anywhere in the world, selling to customers around the globe. Export Finance is perfect for exporters and importers looking to alleviate overseas credit risk and streamline global receivables collections. Businesscash.com empowers their clients by providing cash against invoices, bills of lading and...

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Bank Financing versus Invoice Factoring

Posted by Chris on May 31, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 0 comments |

Bank Financing versus Invoice Factoring

What is the difference between a line of credit from a bank and Invoice Factoring from a Factoring Company? Well, let us first review how a bank would look at you as a potential loan client. A bank will paint a complex picture of you and your company using the “5 C’s of Credit“. What are the Five C’s of Credit? Character, Capacity, Capital, Conditions, and Collateral. Click on the link for an excellent description. If you can meet a bank’s many requirements and most importantly, they can give you enough working...

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The Ins and Outs of Purchase Order Financing

Posted by Chris on May 22, 2012 in Purchase Order Funding | 0 comments |

The Ins and Outs of Purchase Order Financing

There is a general misunderstanding of Purchase Order Financing. Let us discuss whether it is applicable to your situation, also, on what you can do to qualify for Purchase Order Financing or PO Funding. You should distribute or wholesale a product Purchase Order Financing is designed to either buy the goods for you or give your vendor confidence that they will receive a payment if they perform properly. A PO Funder can write a letter of credit payable to your supplier, or they can give your supplier a Vendor Guarantee. Such vendor guarantee...

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How to best Utilize an Invoice Factoring Company

Posted by Chris on May 18, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 3 comments |

Why hide from the facts? Working Capital from an Invoice Factoring Company is more expensive than a traditional line of credit from a bank. Of course, you might not qualify for bank financing, or bank financing could be woefully short of your capital needs. However, working capital is just a business tool to be used, and like all tools must be used correctly. Let us look at how to get the most out of your Invoice Factoring Company partner: Use Your New Credit Department:  One of the best tools with Invoice Factoring is you get a Credit...

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Instant Quote for Invoice Factoring and PO Funding

Posted by Chris on May 17, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 0 comments |

Instant Quote for Invoice Factoring and PO Funding

Most business owners who need Invoice Factoring or PO Funding need it fast. That is why BusinessCash.com has installed an Instant Quote System for potential Invoice Factoring or Purchase Order Financing clients. Just complete the Insta-Quote Form.  After this, a range of advance rates and monthly cost will be immediately emailed to you. Your size company and industry will be the basis of such information. Also, within 24 hours, one of our seasoned representatives will call you to get the complete details. Also, to get the completed...

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I want to “Factor my Order”

Posted by Chris on May 6, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 1 comment |

I want to “Factor my Order”

My good friend at Wells Fargo, Roger Welker made this comment after my last blog: “Invoice Factoring versus Purchase Order Funding” – he gets calls all the time asking if his company can “Factor my Order”. Well, the short answers are no, but let’s look at the reasons why. First, you get an order to install fiber optic cable or supply temp staffing to a large creditworthy client. Congratulations! But you realize you don’t have the money to start the job or supply the labor. Well, what options are...

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Invoice Factoring versus Purchase Order Financing

Posted by Chris on May 5, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 2 comments |

There is much confusion about the difference between Invoice Factoring and Purchase Order Funding (PO Funding). Let’s walk through the steps of how each work and what types of companies they are each applicable too. What is the Difference Between Invoice Factoring and Purchase Order Funding? Invoice Factoring is available to any company that bills creditworthy clients and must give terms or waits to receive payment. If you sell Trucking, Staffing, IT, Consulting, Food, Wine, Paper, Barbeque Sauce, Bullets, etc. and you give your...

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Invoice Factoring Review

Posted by Chris on Apr 25, 2012 in Invoice Factoring, Purchase Order Funding | 0 comments |

When looking at your options in choosing an invoice factoring company, you should ask these critical questions. How long has the factor been in business? Small factors come and go. If you pick one that closes down, your UCC filing which shows the world the old, out of business factor has a security interest in your Accounts Receivables will still be in place and it could be difficult to arrange replacement financing. Businesscash.com has been helping companies get funded since 1998. Over the years, we have established a strong track...

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