Top Reasons Why Companies Choose Factoring over Traditional Funding

What Are the Top Reasons Why Companies Choose Factoring? Factoring is a type of financial service provided to small and medium businesses. There are several reasons why a lot of businesses opt to get a factoring service instead of going to larger financial institutions for loans. Here are the top reasons why companies choose factoring […]

Importer Factoring with Purchase Order Funding

Importer Factoring using Purchase Order Funding Importer factoring is an important tool of trade finance that businesses can utilize if they source products from overseas. Since current market conditions have buyers dictating extended payment terms of 30 to 90 days after delivery, some import companies may not have the liquidity to bridge the gap between […]

What to Look For in a Factoring Company

What to Look For in a Factoring Company for Your Truck Firm Are you the business owner of a small or mid-size truck firm? Do you know what to look for in a factoring company that will enable you to cover your operating expenses such as fuel costs and payroll? You may even be wondering […]

Purchase Order Financing to Preserve Credit

How to Avoid Additional Credit Risk with Purchase Order Financing Purchase order financing can help you avoid risks by incurring these risks for you at a commensurate interest rate. This can be especially beneficial if you’re planning an expansion that requires a lot of capital in the near future. Every time you are unsure of […]

The Truth About Factoring

Debunking Common Myths about Factoring and Factoring Companies Factoring is an alternative method of financing that has been gaining ground among small and mid-sized enterprises in recent years. Although it has been around for some time now, it has only recently become a popular option for smaller businesses again. Debunking common myths surrounding factoring will […]

Factoring to Expedite Cash Flow

Receivables Factoring to Expedite Cash Flow Account receivables or invoice factoring to expedite cash flow is an alternative, powerful business tool that enables business owners to meet operational expenses by a factoring company purchasing their unpaid invoices in advance. Whether it’s for a 30, 60 or 90 day term, factoring grants companies quick access to […]

International Factoring for Export Orders

What Is International Factoring for Export Orders? The export industry is an industry that is primarily cash driven, where companies that place the orders typically have a payment of 30–60 days from delivery of the merchandise. How can the exporter bridge the gap between the receipt of the purchase order and the payment of the […]

Advantage of Factoring Services

Factoring Services for Courier Companies The courier business is among those industries that can benefit the most from factoring services, especially companies whose transactions are B2B or business to business in nature. Unlike B2C or business to consumer transactions where there is arguably a higher risk, what this means for a courier and factoring company […]

Factoring vs. Bank Financing

The Benefits of Factoring vs. Bank Financing If you’re a business owner with the sufficient cash flow, collateral, and capitalization required to qualify, factoring is the faster, more convenient alternative to bank financing. At first glance, factoring fees may appear to cost more than the interest rates charged by banks, but the amount of financial […]

Using Invoice Factoring to Cover Quarterly Withholding Tax for Employers

September 30 is just around the corner and its time, once again, to come up with your quarterly withholding tax returns for the months of July, August, and September. Rather than incurring a penalty for paying late and getting on the bad side of the IRS, invoice factoring can grant you access to the receivables […]