A common question among companies is whether they should pursue bank factoring or deal with a company that specializes in factoring when deciding to sell account receivables. … [Read more...]
Factoring FAQs
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Ok, you are considering factoring and you are busy. You are not looking to read volumes of factoring manuals or sit through a weekend seminar. You just want the 60 second big picture overview. Well, this article is for you! … [Read more...]
Can a Company Use Accounts Receivable Funding If It Already Has a Bank Line of Credit or Tax Liens?
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Many times a company thinks if they have an existing bank loan or line of credit they will not qualify to sell their receivables. In some cases a company may still be eligible to work with a full-service factor and realize the benefits of factoring. … [Read more...]
Five Strategies to Reduce Factoring Costs
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When a business is strapped for cash they often turn to factoring accounts receivable as a financing solution. Of course a factoring company expects to earn a profit on the cash advance and charges a fee for their service. Since the overall goal is improved cash flow, a company considering accounts receivable financing will carefully weigh the benefits against the costs. Here are five ways a business can reduce or offset the cost of factoring and still improve cash flow: … [Read more...]
What’s the Difference Between Factoring and Asset Based Lending?
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Companies in need of creative working capital solutions often consider both Asset Based Lending and Factoring. This leaves many businesses to wonder, "What's the difference? Is it really apples and oranges?" … [Read more...]
An Alternative to Factoring
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How can a business turn their account receivables to cash when they want to avoid factoring? Here is an alternative solution to consider when a company does not want to discount invoices or doesn't qualify for factoring. … [Read more...]
When Should a Business Use Factoring?
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Need to meet payroll? Are suppliers demanding payment? Has the bank reduced or pulled your credit line? These are just a few of the challenges facing businesses in today's economy. In fact over one third of banks surveyed by the Federal Reserve in April 2009 have reported a decline in credit line and credit card limits for businesses. … [Read more...]
What is Spot Factoring?
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Need a quick one-time infusion of cash for your company? Spot factoring just might be the answer. This business financing solution enables a company to receive an advance on a single outstanding invoice. … [Read more...]
Small Factor Series – 6 Essential eBooks for Factors and Consultants
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The Small Factor Series is a powerful how-to system for anyone wanting to make money with small invoice factoring and accounts receivable financing. This complete package contains the following 6 eBooks available for instant download. Factoring Fundamentals How You Can Make Large Returns in Small Receivables Are you seeking dependable income with the hours you choose from any location you want? This introductory volume in The Small Factor Series, shows how you can make middle to high double digit annualized returns no matter how much you invest! Gain access to all the information a newcomer to factoring needs to know when starting out in this remarkable investment. Read More... Factoring Small Receivables How To Make Money in Little … [Read more...]
Factoring Top Ten
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The Top 10 ebooks provide keen insight to particular aspects of factoring that every newcomer must learn, and every veteran will appreciate. These four eBooks are available for purchase individually at $9.95 each or buy all 4 as a bundle for only $29.95 (buy 3 get 1 free)! These are Instant Downloads -- order them now, have them in seconds! Top 10 Insights about Factoring Prospects ($9.95) by Jeff Callender Questions to Ask and Truisms to Remember When Considering Potential Clients Choosing which prospects to approve and which to decline is one of the most important decisions you make as a factor. These 10 insights provide a perspective and understanding of just where you really do (and don't) want to invest your money and time. Filled … [Read more...]