How Does Factoring Affect My Customers?
If you are looking for ways to speed up your cash flow you should consider invoice factoring. Invoice factoring is the simple transaction of selling your accounts receivable to your factoring company, so you don’t have to wait for your customers to pay you. Many business owners will search for a Top Rated Factoring Company […]
Control Your Factoring Costs
More and more companies are turning to invoice factoring to finance growth and smooth out their cash flow. Factoring invoices use to be almost exclusive to the furniture and garment industries. It is now prevalent in manufacturing, healthcare staffing, oilfield services, IT staffing, service industries, fabrication, warehouse staffing, telecommunications, and security providers. Business owners benefit […]
How Does Accounts Receivable Factoring Help Growing Businesses?
Account Receivable factoring, also known as invoice financing, is a widely used method of financing a business. The factoring industry is now a 3 trillion Dollar industry worldwide! The growth in the factoring industry has been fueled by both economic expansion and the growing start-up economy. Hassle-Free Factoring The process of factoring account receivables is […]
Be Prepared To Find Funding
As banks are growing more conservative in their lending, many business owners are being turned down for a bank loan. Since the need for additional capital did not disappear when a loan request is denied, business owners will look to alternative lenders to meet their need. Accounts receivable factoring is the solution. Like applying for […]
Good News! Positive Cash Flow Is a Click Away
Business owners are scrambling to hire more employees to take advantage of the growing economy. Another challenge entrepreneurs must solve is finding the cash to finance a growing company. For 43 years American Receivable has helped both small and medium sized business meet payroll, pay for daily operations, and grow their business. By taking advantage […]
Educate Yourself to Get the Best Factor
A business owner will quickly face information overload when trying to research invoice financing or accounts receivable factoring on the Web. The first thing a business owner must do is sort thru all the paid ads. Many of these ads are not even from funding sources, but from brokers who get paid by placing you […]
Life After the Paycheck Protection Program
The good news is the government is offering another round of paycheck protection program (PPP) funding for small business. This round is slightly more restrictive as to who can receive it and who qualify for forgiveness. The bad news is that businesses looking for working capital or expansion loans will find their bank totally consumed […]
Best Rated Eight Years in a Row!
The prestigious website Business.com has just announced their best factors for 2021. For EIGHT years running American Receivable has been rated as the BEST factor for small, medium enterprises! Business.com found that; “American Receivable is an excellent factoring service with fast turnarounds, no monthly minimums and a long, reputable business history”. Business.com uses a vetting […]
Is Invoice Factoring Right For Your Small Business?
What Factoring Is and What It Isn’t Factoring is not a loan. You are not paying the factor back, your customer is. Factoring is not a good solution for long term debt like buying a building or equipment. And factoring is not an option for companies in the pre-revenue stage. Factoring, also known as accounts […]
I’ve Been Turned Down by the Bank Now What?
Having enough cash on hand to operate and grow a business has always been challenging. This year has made the search for additional money even more difficult. Earlier this year banks were entirely consumed with PPP loans. With the uncertain economy banks have become more cautious. A recent survey showed that more companies have been […]
