Non-Recourse Invoice Factoring versus Purchase Order Funding
By the number of calls we receive at BusinessCash.com, there is much confusion about Non-Recourse Invoice Factoring versus Purchase Order Funding. In this article, we will walk you through the steps of how each one them works. We will also tackle which type of companies each financing option applies. What is Non-Recourse Invoice Factoring? Non-Recourse Invoice Factoring is a financial agreement between your business and a factoring company for financing based on accounts receivables against cash. It is available to any company that bills...
read moreBid on Request for Proposals (RFP) with AR Financing & PO Funding
Bidding success is the primary key driver for companies of all sizes. When making bidding and pricing decisions, it is crucial for companies to ensure that the outcome is to be positive about their general performance. Either the business offers services or goods, it needs to have the right quality for its targeted customers; meaning, before delivery of the final product or service to the end customers, there is a need to review and validate the quality process. Top-quality good or service is always the result of high building blocks (people...
read morePurchase Order Funding & Vendor Guarantees: Your Fast Way to Constant Working Capital
Satisfied customers are vital for any company to survive in the business world. To keep your customers happy, you need not only to have impeccable service but also the required goods available just in time (JIT). If you are a product reseller or distributor and need capital to deliver a large purchase order, then Purchase Order Financing can be a solution to fuel your business, deliver your orders, and grow your business. PO funding gives you the ability to have goods available for your clients even before generating an invoice. Likewise,...
read moreShark Tank (Private Equity) versus PO Funding and Receivables Factoring
Thinking about Selling Equity in your company à la Shark Tank vs. Invoice Factoring or PO Funding. Here are real answers about Shark Tank alternatives to giving up equity in your company versus using non-recourse invoice factoring and PO funding without ownership dilution to grow your business. Shark Tank is a TV show with almost eight million weekly viewers, not counting the streaming viewers. One of the “Shark” Investors, Kevin O’Leary, likes to call it to venture capital on steroids. Everybody knows that the deals that happen on...
read moreFunding for Startups from BusinessCash.com
Starting a new business is very expensive. More often than not, once a business owner has paid as much as they can of these start-up expenses costs, they had never expected will exhaust their funding much sooner than expected. When it comes time to open the doors, including home-based businesses, they lack the cash flow they need to operate. Unfortunately, this is when most start-up businesses fail with 55% going out of business within five years. Most new business owners have excellent ideas that will earn a return. However, they don’t...
read moreFunding A Small Business with Tax Issues
Funding a Small Business with Tax Issues What is a small business owner with tax issues to do if when needing business financing? Companies with tax problems often feel like they have nowhere to turn. There are options available for a business owner in tax trouble. However, such options are available only if they choose to work with a qualified invoice factoring company. A business owner may be eligible for invoice factoring, payroll funding, purchase order financing, letters of credit, government contract financing, and even supplier...
read moreFunding Program For Disadvantaged, Minority & Government Suppliers & Contractors
Since 1998, BusinessCash.com has offered fast-growing government contractors an alternative to bank financing. When banks either will not loan or provide too little funds, BusinessCash.com promptly supplies a steady stream of cash through invoice factoring. Our Programs Invoice Factoring, Vendor Guarantees, Credit Protection & Purchase Order Financing Up to 92% Advance Rates with Online Invoice Submission, Reporting, and D&B Reports The Famous BusinessCash.com “Soft Touch” with your Clients and Contracting Officer ...
read moreAccount Receivables Factoring, PO Funding for the Firearms Industry
Account receivables factoring, work in process funding, purchase order financing, and credit protection are all great funding options for the firearms industry. These funding options are based on your clients’ creditworthiness, not your own companies. This opens up funding to the unbankable because of IRS issues, concentration issues, start-ups, turnarounds, and other challenging situations. You can receive up to 92% of the invoice amount within days of starting the application. You receive the remaining balance once your customer has...
read morePurchase Order Funding vs Invoice Factoring
For many business owners, cash flow can be a routine problem. It is no secret that businesses need cash to pay employees, buy supplies, and pay for shipping orders. So, where can a company get the funds it needs? Some try turning to purchase order funding instead of using invoice factoring. This is not always the best solution. Here is why. To begin, we must first understand that these are not the same. What is Invoice Factoring? Virtually any company that bills its creditworthy customers and clients can use Invoice factoring. However, it also...
read moreHow Does PO Funding Work?
Scenario: After much hard work, you finally secure that large purchase order from a creditworthy client. Congratulations! However, you have nowhere near enough working capital to buy the product to fulfill the order. What can you do? You have heard of Purchase Order financing, but don’t understand how it works, whether you qualify or how to get approval. Also, how does PO Funding differ from Invoice Factoring? First, let’s discuss the mechanics of both tools to get you more working capital. Purchase order financing gives companies...
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