Benefits of Non-Recourse Accounts Receivable Financing vs. Bank Loans
Many Non-Recourse 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 many consider bank loans as the easiest, least expensive source of business...
read moreAR Factoring Program for Credit Unions and Community Banks
As a credit union or community bank, you always want to say “Yes” to your valued small business borrowing prospects seeking a line of credit. How can you say “No” and not lose a business client or prospect that does not qualify for traditional bank financing? Factoring companies work with state and federally chartered institutions to get their business customers working capital through our Invoice Factoring, AR Management, Credit Protection, and Purchase Order Funding Programs. Factors create opportunities for banks to help...
read moreBank 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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