Grow Your Staffing Agency With Invoice Factoring
Today’s economy is offering more and more opportunities to staffing agencies. Companies are outsourcing entire departments while many individuals are looking for roles that are more flexible than working for a major corporation. This creates a perfect environment to grow your staffing company. What holds many staffing agencies back is their slow paying accounts receivable. […]
Finance With a Factoring Company or a Traditional Bank Loan?
As business owners search for additional working capital for their company, they often ask what is best for their company, factoring their invoices or taking on a traditional bank loan. Both financing solutions have their place, and many businesses will actually use both forms of financing during their life span. Here is a short guide […]
How Factoring Companies Help Your Business
How does your company get the money it needs to grow? The most stable growth for the business owner comes from accounts receivable and invoicing. Before you can grow a business, you have to first have the consistent cash flow to pay out daily operational expenses. Entrepreneurs know that happiness is positive cash flow, that […]
Nine Key Reasons To Use Invoice Factoring
Cash flow management is crucial to the success of any business. Maintaining a positive cash flow is especially challenging for companies that offer credit terms to their customers. Invoice factoring offers a viable solution to businesses as it bridges the time it takes your customers to pay. Here are nine reasons that more and more […]
Prospect With Factoring Finance
This economy is presenting more and more opportunities for small and midsized businesses (SMB) to win new contracts with large commercial enterprises. Facing employment and supply chain challenges, big companies are turning to SMB for everything from staffing needs to inventory and more. This good news for SMB comes with it owns challenge. Fulfilling new […]
Invoice Factoring Versus Traditional Bank Loans
We get asked a lot the differences between obtaining financing at a bank and using a factoring company? As business owners are looking for additional financial sources, whether to take advantage of growth opportunities or to fight off increasing inflationary pressures, it’s important to choose the financing source that will best fit your needs. Traditional […]
Six Reasons To Use the Best Factoring Company
Asking a bank for a working capital loan is one way to give your company the additional cash it needs. However, the days of easy credit are over, and banks have tightened their lending standards. Many business owners are turning to alternative financial sources, like factoring. Invoice factoring is a good solution since it dramatically […]
Maximize Your Factoring Relationship
Requests for bank loans by small, medium enterprises is still steady. But with the uncertain economy, banks have tightened their lending standards. This leaves more and more business owners looking to alternative lenders to meet their financing needs. As more business owners investigate factoring there remains an amount of confusion about invoice factoring and the […]
Austin Companies Strengthen Supplier Relationships With Factoring
Austin business owners are benefiting in an unexpected way from factoring their invoices. They have discovered that with the cash generated from factoring they often become a preferred vendor by their suppliers. Having a good relationship with your suppliers is secondary only to having a good relationship with your customers. Business owners realize how critical […]
Business Sense: Pricing of Goods is Critical to Cash Flow
Business owners struggle when they take on the task of pricing their product or service. Many times, they will set the price too low, thinking that a lower price will increase sales. Lower margins on products or services can affect cash flow, which in turn affects the ability of the business to grow. Pricing is […]
