Oilfield Service Companies Thrive With Invoice Factoring
Oilfield service companies play a critical role in the oil and gas industry by providing a range of services, such as drilling, well completion, welding, wastewater hauling and maintenance. However, these companies often face challenges related to slow-paying customers, which can hamper their ability to grow their business. To address this issue, many oilfield service […]
The History of Invoice Factoring
Invoice factoring is a financing option that allows businesses to sell their unpaid invoices to a factoring company or a factor, in exchange for immediate cash. This form of financing has been around for centuries and has played a crucial role in the growth and success of many businesses. The practice of factoring invoices can […]
American Receivable Provides Access to Capital to Women Entrepreneurs
When American Receivable opened it’s doors more than 44 years ago, it was the exception to see a woman owned business. Businesses were typically started and run by men who most often already had connections with customers, suppliers, and bankers. Those kind of connections are invaluable to any start up. As owners of a new […]
Accounts Receivable Funding Helps Staffing Companies
When a staffing company needs funds to grow their business, they typically turn to a bank for a loan. However, not all staffing companies are able to secure a loan from a bank due to their credit history or length of time in business. This is where accounts receivable funding, also known as factoring, comes […]
How To Raise Money for a Business Without a Loan
Starting a business requires a lot of money. While it’s tempting to just take out a loan, it’s not always the best option. Loans can be difficult to obtain, especially for new businesses without a proven track record. Plus, the added burden of debt can be overwhelming. Luckily, there are plenty of other ways to […]
Best Invoice Factoring Company
As a small business owner, you know how important cash flow is for the success of your business. If you’re struggling to get paid by your clients, you might be considering invoice factoring. Invoice factoring is a financing option that allows you to sell your outstanding invoices to a third-party company, known as a factoring […]
When The Bank Says No, Factoring To The Rescue!
As a small business owner, securing financing can be a difficult and stressful process. If you’ve recently been turned down for a bank loan, you are not alone. With rising interest rates and reports of a tightening economy, banks are becoming more cautious in their lending policies. You may be wondering what other options you […]
Six Tips to Grow Your Staffing Company
Running a successful staffing company requires hard work, dedication, and the right strategies. Whether you’re just starting or looking to grow your staffing company, there are several tips you can implement to achieve your goals. Here are six tips to grow your staffing company: In conclusion, growing a staffing company requires a combination of strategies, […]
Looking for Funding for Your Manufacturing Company? Try Factoring
Manufacturing companies can face a variety of challenges when it comes to maintaining a steady cash flow. These challenges can include delayed payments from customers, fluctuating sales, and unpredictable supply chain issues. One solution that many manufacturing companies have found helpful is invoice factoring. Invoice factoring is a financial tool that allows companies to sell […]
Factoring Works for Start Ups
Starting a business can be an exciting and rewarding venture, but it can also be a challenging and sometimes overwhelming experience, particularly when it comes to managing cash flow. For many startups, cash flow issues can be a major obstacle to growth and success. This is where factoring can be a helpful tool to bridge […]
