Factoring Becomes More Important
August 6, 2020
Banks reported tightening their lending requirements on all types of business loans in the second quarter as quarantine related shutdowns plunged the economy into recession.
Banks reported tightening their lending requirements on all types of business loans in the second quarter as quarantine related shutdowns plunged the economy into recession.
The challenges of 2020 have not stopped. Looking back at the end of 2019 business owners were getting ready for another banner year. The red-hot
A survey by the National Federation of Independent Businesses (NFIB) found that 82% of business failures are due to poor cash flow management or poor
It seems the world is getting scarier by the day. The business world is no exception to this observation. Business owners have had to adapt
Having a big company as a customer is both a blessing and a curse. It’s a blessing having a large stable customer that provides a
With cash flow stretched to its breaking point for many businesses, the consequences of late, or worse yet, non-payment has never been more dangerous. Deciding
Since April, the SBA has loaned over $500 billion. This huge number has softened the blow the economy would have taken due to the shutdown.
So, after research and negotiation you have signed your factoring agreement and your ready to start selling invoices. Before you factor your first invoice here
American Receivable recently completed three new account receivable factoring facilities, including: Texas-based Produce Company This company needed funds to take advantage of growing sales orders
With invoice factoring, you bill your customer as you normally do then you sell that invoice to a factoring company. Factoring your invoices is good
