Recourse Factoring Vs. Non Recourse Factoring…. Which is right for you?
Recourse Factoring Vs. Non Recourse Factoring…. Which is right for you? Businesses that have a recourse factoring agreement are responsible for buying back invoices that are not paid by the account debtor (the company that owes the money) after a specified period of time, usually 60, 90 or even 120 days. It means even though […]
Factoring… A look back
Factoring… A look back Ever wonder how or why factoring or accounts receivable financing came to be? Oddly enough it goes much farther back than you might think. Factoring dates back to the financing of trade, particularly international trade. It is said factoring originated in the far- east and China, particularly in the spice trade. […]
Factoring 1…2…3…
Factoring 1…2…3… Having transitioned into the new year, 2014 will undoubtedly bring many challenges for small business owners. One of these challenges is finding the right sources of capital to fund their business. A key to running any business is to always know where you are financially. All too often company finances go overlooked until […]
