Why Factoring Companies Can be Better than Banks for Small Business

Posted by Chris on Feb 19, 2016 in Alternative Financing, Non-Recourse Accounts Receivable Factoring | 0 comments |

Why Factoring Companies Can be Better than Banks for Small Business

Picture this – you own small business. Such business is one that you have worked hard to ensure has happy customers, quality products, and excellent service. Now, because of all your hard work, you are finally getting the recognition you deserve. Your small business is generating. This is reaching new clientele and expanding your product lines, along with your profit margins. However, growth can be expensive, and you need capital to reach your full potential. As a small business owner, you have a wide variety of options available....

read more

Bank Factoring

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

Bank Factoring

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. Businesses may use this for working capital, business expansion, or investment in new...

read more

Back to Top