Non Recourse Invoice Factoring versus Purchase Order Funding

Posted by on Feb 12, 2018 in Business Tools | Comments Off on Non Recourse Invoice Factoring versus Purchase Order Funding

By a number of calls we receive at businesscash.com and pofunding.com, there is much confusion about the difference between  Non Recourse Invoice Factoring and Purchase Order Funding. Let’s walk through the steps of how each one them works and what types of companies they are each applicable too. What is Non Recourse Invoice Factoring? First, Invoice Factoring is a financial agreement between your business and a factoring company for financing based on accounts receivables against cash. It...

Read More

Notice of Assignment: A Step in the Factoring Process

Posted by on Feb 11, 2018 in Business Tools | Comments Off on Notice of Assignment: A Step in the Factoring Process

In the business world, brand image and reputation are key factors of success. How you present yourself as a business as well as your culture, values, and policies is crucial in determining the idea your end customers and potential ones will have about your company. When a business decides to factor its accounts receivable, “will my customers be aware that I am factoring?” is a common question they ask their factoring company. And yes, your customers are notified of this matter. But no need...

Read More

Single Client AR Factoring: Your solution to cash flow problems

Posted by on Oct 9, 2017 in Business Tools, Client Concentration | Comments Off on Single Client AR Factoring: Your solution to cash flow problems

The primary challenge of running any business is to keep a consistent cash flow running. In fact, some businesses are more vulnerable than others to cash flows problems. It’s a common dilemma for small and mid-sized companies as they usually find themselves lacking enough working capital to fill a second large order when they have already fulfilled the first one and awaiting payment. Even more problematic is companies that rely on one or two large clients for their revenues are limited in...

Read More

What are Average Factoring Rates?

Posted by on Feb 8, 2017 in Non-Recourse 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...

Read More

What is Non-Recourse Invoice Factoring?

Posted by on Feb 2, 2017 in Non Recourse factoring | Comments Off on What is Non-Recourse Invoice Factoring?

Non-Recourse Factoring or Factoring Without Recourse is an agreement within a factoring contract where the factor’s client does not have to pay back the factoring company if an invoice is not specifically paid due to bankruptcy of the client’s customer (the Account Debtor) under an invoice with credit protection in place. BusinessCash offers credit protection as part of our non-recourse program. PDF DOWNLOAD: How Non Recourse Factoring Works – 2.5 megs  What Are the...

Read More

Back to Top