Accounts Receivable Financing for Staffing Firms & Payroll

Posted by on Sep 28, 2017 in Non-Recourse Accounts Receivable Factoring, Payroll Funding, Staffing Factoring | 0 comments

Accounts Receivable Financing for Staffing Firms & Payroll

As the US economy continues on its upward path, the demand for temporary staffing is growing even more rapidly. The staffing industry is projected to grow by 3% in 2017, according to a recent forecast by Staffing Industry Analysts, a global advisor on temporary and contingent work. Indeed, temporary staffing has grown as a percentage of overall employment in the US. Temporary staffing is predicted to grow 3% in 2018 to $126.8 billion with the overall staffing market likely to achieve 4% growth to reach $146.6 billion. Even more dramatic is the...

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Financing the Scrap Metal Industry

Posted by on Apr 27, 2016 in Invoice Factoring | 1 comment

Financing the Scrap Metal Industry

Overview of Scrap Metal Industry The scrap metal industry accounts for up to 90 billion dollars in economic activity in the U.S. Companies often collect scrap metal from a variety of sources, including junk cars, old machinery, appliances, and construction waste, which enable many small companies to enter the industry and cater to a local market. Scrap metal recycling in the U.S. remains an important source of supply for developing countries that need both ferrous and nonferrous metals to supplement their development. Over the five years to...

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Picking the Best Manufacturer Finance Company

Posted by on Sep 8, 2015 in Business Tools | 0 comments

Picking the Best Manufacturer Finance Company

Picking the best manufacturer finance company can be a challenge. There are many intricate factors involved and understanding them isn’t easy. Below are the major issues that must be understood to pick the proper finance company for your specific manufacturing business. At times, the best solution is not always the easiest. Your specific industry It’s crucial that the finance company has deep expertise in your manufacturing process and best industry practices to help optimize efficiency, accuracy, and profitability. The best financing...

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Benefits of Non-Recourse Accounts Receivable Financing vs. Bank Loans

Posted by on Aug 11, 2015 in Aerospace/Aircraft Financing, Non-Recourse Accounts Receivable Factoring | 0 comments

Benefits of Non-Recourse Accounts Receivable Financing vs. Bank Loans

manyNon-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 capital....

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Wine Import and Export Financing

Posted by on May 31, 2015 in Beer, Wine & Spirits Factoring, Business Tools, Food Service Providers Factoring, Importer Factoring | 0 comments

Wine Import and Export Financing

BusinessCash announces an increase in accounts receivable factoring and purchase order financing services for their wine industry import and export clients in from 2015 to 2017. The wine importers and exporters have expressed an increased need for working capital. This is because of product demand growth and the time lag between the production, distribution. Also, for final payment by the company’s customers.  Wine importers and exporters are pointing to premium wine brand demand as the main reason for the increase. “People are...

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