Non-Recourse Invoice Factoring versus Purchase Order Funding

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

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...

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What is Non-Recourse Invoice Factoring?

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

What is Non-Recourse Invoice Factoring?

Non-Recourse Factoring or Factoring without Recourse is an agreement within a factoring contract. The factor’s client doesn’t have to pay back the factor if an invoice is not paid explicitly due to the bankruptcy of the client’s customer. Such invoice should be with credit protection in place. Factoring companies offer credit protection as part of a non-recourse program. What is Non-Recourse Factoring? How Non-Recourse A/R Factoring Works-PDF What are the Benefits of Non-Recourse Invoice Factoring? Credit protection against...

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Non-Recourse Receivables Factoring vs Invoice Discounting

Posted by Chris on Dec 11, 2015 in Non-Recourse Accounts Receivable Factoring | 0 comments |

Non-Recourse Receivables Factoring vs Invoice Discounting

Many businesses that face a shortage of cash for working capital purposes can benefit from non-recourse receivables factoring or invoice discounting. Both forms of financing provide immediate cash against your receivables. That way, you don’t need to wait until your customers pay down their invoices. Usually, the payment could be as long as 60 to 90 days, or even longer in some cases. Factoring Factoring represents the sale of your receivables to a financing or factoring firm. The factor evaluates the creditworthiness of the receivables and...

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Invoice Factoring Terminology

Posted by Chris on Jul 10, 2015 in Business Tools, Invoice Factoring | 3 comments |

Invoice Factoring Terminology

Whether you have used Invoice Factoring in the past to fund your working capital needs or are researching to see if the factoring of your company’s invoices is right for you, it is vital to understand Invoice Factoring Terminology so you can be a well-educated business owner. Businesscash.com has created this Glossary for your use. First, what is Invoice factoring? It is the selling or assigning of your unpaid invoices to creditworthy clients to a Factoring Company. Once your invoices are verified and assigned to the Factoring company, a...

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Invoice Factoring for Manufacturing Companies

Posted by Chris on Jan 12, 2015 in Manufacturer Financing | 1 comment |

Invoice Factoring for Manufacturing Companies

Invoice factoring for Florida manufacturing companies can often be a silver bullet for their growing working capital needs. Manufacturers are suppliers for more substantial companies, which is ideal when leveraging accounts receivables for fast funding. Factoring companies look at the credit of a manufacturer’s more significant client and don’t put much weight on the personal credit of the manufacturers themselves.  Companies from Miami to Jacksonville can significantly benefit when factoring their receivables. Florida’s...

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Government Contract Invoice Factoring

Posted by Chris on May 27, 2014 in Government Factoring | 0 comments |

Government Contract Invoice Factoring

Reasons you want to use invoice factoring, purchase order financing, and credit protection for your company and government contracts: Factors understand the FAR Factoring companies work with start-ups and clients that have concentration issues. Factoring companies offer Credit protection with all of our products. You’re not getting the payment fast enough. You need working capital to pay for labor, raw materials, and equipment. You need to get cash Fast. Fast Funding for Government Contractors! Call (888) 400-5930 or use the...

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Government Invoice Factoring and PO Financing

Posted by Chris on Sep 25, 2013 in Government Factoring | 0 comments |

Check out these great tips on government contracts and being successful: Having a large enough margin is essential in closing the deal. Too many times, someone will bid only 5-7% gross margin and believe this will get them the job. On the next round of bidding when they have raised it to 20-40% gross margin, they end up losing the bid. Don’t give your services and products away. There is only one thing worse than no sales, and that’s selling at a loss. Often, you will need to show your financial capabilities to the Government...

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Government Invoice Factoring

Posted by Chris on Sep 10, 2013 in Government Factoring | 0 comments |

Government Invoice Factoring

When working under a government contract, having proper cash flow is extremely important. Pay times are becoming slower and slower based on the sequester and other reasons. Financing for government contracts become an essential element of doing business. Government invoice factoring, receivable factoring, purchase order financing, letters of credit, and supplier guarantees can make or break your business. According to Defensenews.com, the Department of Defense (DoD) has slowed-down payments to prime contractors. The DoD was using the Quick...

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Purchase Order Funding vs Invoice Factoring

Posted by Chris on Feb 18, 2013 in Business Tools, Invoice Factoring, Purchase Order Funding | 0 comments |

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...

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Is Cheap Invoice Factoring Available?

Posted by Chris on Dec 8, 2012 in Business Tools, Discount Factoring, Invoice Factoring, Non Recourse factoring, Recourse Factoring | 4 comments |

Is Cheap Invoice Factoring Available?

People who are looking to factor their invoices will probably have the same question: Is Cheap Invoice Factoring Available? Apart from the quick turnaround approval times and outright funding, what about the other side of the story? What about the fees that come along hand in hand with this convenience? What is Invoice Factoring? Before getting into the details, let’s first get into a brief overview of what Invoice Factoring is and how it works. Invoice Factoring is a financing option where you don’t have to worry about incurring more...

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