In today's economic environment, businesses are finding it difficult to handle day-to-day operations of their practices while also keeping tabs on their accounts receivable. Whenever the economy takes a downturn, clients tend to fall behind in payments they owe. This disrupts the operation of the business, obviously. If you're a business owner and your clients are slow to pay you, this can put you behind the eight ball in terms of paying your own staff and paying vendors.
Topics: The Benefits of Invoice Factoring, Financing Government Contractors
Evaluating services - it's not just about the rate, make a complete comparison
Topics: About Invoice Factoring
Cash Flow Solution
Topics: About Invoice Factoring, Financing Government Contractors
For years, truckers have been a big fan of freight factoring. As you may know, factoring is the process where a third party agrees to buy unpaid vendor invoices. In the trucking industry these invoices are known as freight bills. Along with a BOL, or bill of lading, these freight bills can be submitted to a factoring company for quick payment.
Topics: Cash for Copies Program for Trucking, Trucking Factoring, Freight Factoring for Trucking Companies
Topics: About Invoice Factoring, Payroll Advance Program for Staffing Agencies
Solid Cash Flow
Topics: Fuel Cards for Trucking Companies, Trucking Factoring, Financing Government Contractors, factoring freight
Any small business owner knows that cash flow is king. Between insurance, payroll, loans, company credit cards, repairs and taxes, someone or something needs to be paid almost every day. If you extend credit to your customers, you may not receive payment for goods and services until 30 to 60 days have passed, and that situation can easily lead to a classic cash flow crisis.
Topics: How to Grow Your Business, About Invoice Factoring, Financing Government Contractors
