Factoring provides cash to companies all across America, even when banks say no to business loans. Like all business deals, it pays to be prepared. Save time and money by understanding these 5 areas before … [Read more...]
Archives for October 2009
Considering Accounts Receivable Financing? 5 Things to Know Before Applying for Factoring
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Don’t Factor Your Receivables When.
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Small business owners are no strangers to watching every dollar. When a customer is late to pay an invoice the business feels it. This leaves many owners losing sleep and making … [Read more...]
Attention Business Owners! Stop Being a Part-Time Banker for Your Customers
How many customers take longer than 30 days to pay on their invoices? Congratulations! Your business has just extended credit to your customers. You may not have thought about it this way, but you are now in the banking business. Even worse, you probably have the best rates in town. … [Read more...]
Small Business Factoring Success Story
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Do you ever wonder what people who are now factors used to do before they became factors? The diversity in backgrounds is fascinating and in this article, small factor Jeff Callender chats with colleague Don D'Ambrosio of Oxygen Funding, Inc, and uncovers some intriguing personal, and national, history. Jeff Callender: As an author and trainer of small factors, over the past year I have received many phone calls from people presently or formerly working in the mortgage industry who have been considering factoring as a new career. I realized it would be both interesting and educational to have a conversation with someone once involved in the mortgage industry for many years, and who made the jump. In this interview you'll find his … [Read more...]