Warning! You are about to read a blog following a negative question! Can invoice factoring be bad for business? Read on.
Posted by Seth Herman on Wed, Feb 26, 2014 @ 08:06 AM
Warning! You are about to read a blog following a negative question! Can invoice factoring be bad for business? Read on.
Topics: About Invoice Factoring, Factoring Accounts Receivable, Financing Government Contractors
Posted by Gil Oliva on Wed, Dec 18, 2013 @ 07:15 AM
Accounts receivable financing seems like a great option for your company, but what if you can also qualify for a line of credit from the bank?
Factoring your invoices is regularly suggested as a viable option when you cannot qualify for a line of credit from the bank. Why should a company consider factoring when they are able to secure bank funding?
A bank line of credit will certainly help meet the cash flow needs of your business. If the credit history of your business is strong, and interest rates are low, you can most likely secure an excellent rate for your line of credit. Following the approval process, a sum of money is then available to tap into as and when your company needs it. The benefits:
Topics: Cash Flow, The Benefits of Invoice Factoring, About Invoice Factoring, Factoring Accounts Receivable, Financing Government Contractors
Posted by Gil Oliva on Fri, Dec 13, 2013 @ 07:41 AM
Factoring accounts receivables has become a valuable option for businesses that simply cannot wait to be paid by slow paying customers, but is it really worth the cost?
Let’s take a quick look at cost. When you decide to factor, your factoring company will set a rate, which is dependent upon several things, some of which are:
Topics: Cash Flow, About Invoice Factoring, Factoring Accounts Receivable, Financing Government Contractors
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