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 […]
Are You Replaceable?
Several months ago, we started factoring a company that had a great opportunity to double its business. By taking advantage of our invoice factoring program, our client has more than doubled it’s sales in this short period of time. In fact, two weeks ago our client received even more orders! Our client had to deal […]
4 Tips to Help Your Business Succeed During Unpredictable Times
Starting and running a business has never been easy. It takes a lot of grit and determination even in the best of times. Suddenly, the red-hot economy of 2019 has come to screeching halt with entrepreneurs trying to figure out PPP loans and how they can stay in business while working remotely. Here are four […]
Grow Your Business With Factoring
American Receivable assists entrepreneurs increase sales by factoring invoices. Providing steady, predictable cash flow to our client so they can grow their business without incurring debt or giving up equity. Giving our clients a brighter future. Running a business is hard work. Whether you’re a start up or an established enterprise there is always a […]
Preparedness Lessons Learned
Did anyone get the license plate of the truck that just hit the world economy? I think it was Covid-19!! Which makes this the time to make sure your company has a thorough business interruption/disaster plan in place. This weekend I stocked up disaster supplies for the house; toilet paper, tuna fish and extra beer! […]
How to Afford Your New Contract
Don’t Let Cash Flow Issues Get In the Way of Opportunity Congratulations! You finally landed that big contract you have been pursuing, the one that will launch your company to the big time! Before you break out the champagne have you done a quick cash flow analysis to make sure you can afford this big […]
The Many Names For Factoring
Selling accounts receivable to obtain short-term funds is called factoring, AR financing, AR discounting, and AR factoring. Though it goes by many names factoring offers a fast solution to business owners who are facing a cash shortage. The factoring company will base its decision, buy the accounts receivable based on the credit strength of the […]
Is Invoice Factoring Right for Your Staffing Agency in 2020?
Striving Towards Financial Stability in the New Decade 2020 has arrived, and for many companies the new year brings with it new goals to strive for over the coming months as well as the decade ahead. These ambitions can take a variety of different forms, but for many staffing agencies growing to accommodate more employees, and achieving financial success are among the list. While there […]
Business Accounts Receivable: A Small Business Overview
Understanding Business Accounts Receivable for Small Businesses Business accounts receivable is an important accounting term to understand if you are going to have a successful and profitable business. We believe it’s so important that we made it a part of our company name—American Receivable. Simply put, business accounts receivable are the monies customers owe to […]
Get a Fresh Start in the New Year
A Fresh Start: Keeping Your Employees Healthy and More Productive A tidy and sanitary office is crucial for quality work. Distraction lowers productivity, even on a subconscious level. Studies have also shown that business offices are a breeding ground for germs causing illness, which takes employees away from work, lowering productivity and work quality. A […]