Invoice Factoring: Cash Flow Solutions for Bad Credit

Posted by Gil Oliva on Mon, May 09, 2016 @ 08:30 AM

Building business credit is tough. You have bills to pay and your suppliers, laborers, employees, or creditors don't care about the mountains you have to move in order to keep everyone paid. Traditional banks want you to have a longer track record of success, your D-U-N-S number gets you small revolving credit accounts, but no cash flow capability, and investors want a voting share in your company if they're going to inject cash. Fortunately, invoice factoring companies understand the predicament and they have a solution.

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Topics: Cash Flow, Business Growth, Cash Advance, Invoice factoring, Credit History

Understanding Invoice Factoring for the Staffing Industry

Posted by Gil Oliva on Wed, Mar 02, 2016 @ 02:00 PM

Staffing agencies count on a reliable, steady cash flow. In business, solid fiscal health relies upon how quickly a customer pays for services rendered. When you’re billing multiple invoices at once, it’s easy to see how profitable the business should be.

But when your accounts receivable is waiting…and waiting…on payments, your cash flow comes to halt.Theoretically, your company should be making money. Realistically, it can’t. Not unless clients actually pay their invoices.

That’s where invoice factoring comes into play.

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Topics: Cash Flow, Staffing Industry, Invoice factoring

Five FAQs about Invoice Factoring

Posted by Gil Oliva on Tue, Jan 05, 2016 @ 08:48 AM

Companies of all sizes struggle with cash flow issues.

These challenges usually arise between the time your product or service is delivered to your customer…and when that customer eventually pays you. That can take up to 30-, 60-, or 90 days.

Without enough cash on hand, you may lose opportunities to respond to changes in the marketplace. Or grow your business. If the money comes in “waves,” you might even find it difficult to make payroll from time-to-time.

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Topics: Cash Flow, Business Growth, Cash Advance, Invoice factoring, FAQ

Freight Factoring 101

Posted by Gil Oliva on Mon, Oct 26, 2015 @ 12:34 PM

If you are a fleet trucking company or owner/operator, you may be very familiar with having to find creative ways to manage your cashflow while waiting for your customers to pay their invoices. You could be waiting for 30, 60…even 90 days for your customers to pay. Meanwhile, you have bills and/or employees to pay. Because of this float time, you may find yourself overextended and having to rely on credit cards or facilities from the bank to keep your operation afloat. However, there is another option to consider.

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Topics: Cash Flow, Cash Advance, factoring freight, Freight Factoring for Trucking, Trucking Industry

Fix a “Cash Crunch” with Invoice Factoring

Posted by Seth Herman on Fri, Oct 09, 2015 @ 11:30 AM

Running a business can be an adventure. Every week it’s something different – a new problem or a big success. However, there’s one thing that most business owners would happily give up: cash flow issues caused by slow-paying clients. For that reason, many business owners turn to invoice factoring.

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Topics: Cash Flow Solution, Cash Flow, Invoice factoring

How can I use Invoice Factoring to Finance my Business?

Posted by Aaron Zahedani on Fri, Aug 28, 2015 @ 08:30 AM

Cash flow can sometimes be a challenge for any business. This is especially true when your customers pay for goods and services 30 – 60 days after receiving them. Invoice factoring offers your business the opportunity to turn outstanding invoices into cash. 

Factoring your accounts receivable is a valuable financial tool for companies that have experienced difficulty obtaining traditional funding and have reliable but slow paying accounts. It helps if the invoices are for substantial amounts, rather than many invoices for smaller amounts. There are always exceptions to the rule, but this should help establish whether invoice factoring may be the right choice for your company.  

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Topics: Cash Flow, About Invoice Factoring, Business Financing

Trucking Topics – How Healthy is the Trucking Industry in 2015?

Posted by Gil Oliva on Wed, Aug 19, 2015 @ 08:00 AM

According to the Bureau of Labor Statistics (BLS), 2015 has seen the transport sector grow at a steady pace. How much of this growth is reflected in the trucking sector? 

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Topics: Cash Flow, Trucking Industry

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