The cash flow gap is a common challenge to nurse staffing agencies. It can take months for the hospitals and nursing homes to pay invoices for staffing services yet the nursing staff needs paid every week or two. Factoring companies can help by providing small business funding to Nurse Staffing Agencies, but should they choose recourse or non recourse factoring? This article from guest author Philip Cohen of PRN Funding explains the difference. Recourse and Non-Recourse Nurse Staffing Accounts Receivable Factoring: What's the Difference? By: Philip Cohen What is nurse staffing recourse factoring? For the most part, recourse factoring is the most common and the most affordable nurse staffing financial help available to … [Read more...]
Accounts Receivable Factoring Examples
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For some business owners accounts receivable factoring will provide solutions when all other avenues fail. Of course the greatest area of concern is usually the factoring fees leading many to wonder, "How much will it cost to use invoice factoring services?" … [Read more...]
Accounts Receivable Factoring – An Alternative Funding Option For Small Businesses
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Because of their lack of financial sophistication and size, today's small businesses continue to face the hardships brought on by current economic challenges. Many firms struggle to maintain their bank credit facilities, and securing a new line of credit or increasing a company's current limit is nearly impossible. So if the lending wells have dried up, what's a small business owner to do? Capitalize on the benefits of accounts receivables factoring. … [Read more...]
Haitian Amputees and Small Businesses Get A Leg Up From AAA Factoring Group
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Utah based factoring company AAA Factoring, which is owned by 71 year old amputee, helps small businesses get the financing they need to operate while pledging 5% of company profits to help Haitian amputees. MAY 4, 2010 -- CENTERVILLE, Utah -- AAA Factoring announced today that beginning June 1, 2010, 5% of the company profits will be donated to charities that help Haitian amputees that lost their limbs in the recent earthquake. The company is owned and operated by Duane H. Marchant who is an amputee himself. Duane lost his right leg after a fluke accident and several failed surgical attempts to save his leg. … [Read more...]