How to Choose a Staffing Factoring Company

Posted by Chris on May 24, 2016 in Business Tools, Invoice Factoring, Staffing Factoring | 0 comments |

How to Choose a Staffing Factoring Company

Staffing Factoring is a subset of Invoice Factoring with a twist. When picking the right staffing factoring company for your business, critical questions need to be answered: Staffing expertise: As the owner of a temp staffing agency, you understand the nuances of your business. Workman’s Comp, constant cash flow needs, matching the right person with the right job, proper job classifications- The variables to manage are relentless! You need an accounts receivable financing company who understands the vagaries of your business. In 1998...

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Is AR Funding Right For your Business?

Posted by Chris on May 12, 2016 in Client Concentration | 0 comments |

Is AR Funding Right For your Business?

When you are a startup business or have one or two large clients, obtaining financing for your business is nearly impossible because of customer concentration issues. Look for other options, like AR Financing & PO Funding. Factoring receivables emphasized your client’s creditworthiness, not your own. Meaning, companies with traditional non-bankable issues can get the funding they desperately need. Funding Options for Your Business How do I get Funding with High Client Concentration? In this day and age, with the proliferation of...

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How to best Utilize an Invoice Factoring Company

Posted by Chris on May 18, 2012 in Business Tools, Invoice Factoring, Purchase Order Funding | 3 comments |

Why hide from the facts? Working Capital from an Invoice Factoring Company is more expensive than a traditional line of credit from a bank. Of course, you might not qualify for bank financing, or bank financing could be woefully short of your capital needs. However, working capital is just a business tool to be used, and like all tools must be used correctly. Let us look at how to get the most out of your Invoice Factoring Company partner: Use Your New Credit Department:  One of the best tools with Invoice Factoring is you get a Credit...

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