How Purchase Order Financing Can Help Your Business
After receiving a big order, your business will want to celebrate. If you don’t happen to have the money on hand to order the materials for the order, the celebration…
Cash Flow and Profit – What’s the Difference?
Are you finding that your business’s sales are good and that you’re making a profit, but there doesn’t seem to be enough money in your bank accounts? If you’re stuck…
More Benefits of Factoring in the Transportation Industry
What is it that makes freight factoring so convenient? There are many advantages to using invoice factoring in the transportation industry. One benefit is simply the access to your funds…
Use Invoice Factoring to Combat Payroll Problems!
Small businesses will typically contribute their success to their employees that they rely on. Many small companies, however, typically have a small profit margin for the first couple of years.…
Tips for Dealing with Slow Paying Customers
No matter the industry, if you bill your customers via invoice, chances are that you’ve had to deal with slow-paying customers. Even though this issue is fairly common, these customers…
How Factoring Differs from Bank Loans
There are many funding options out there. The most commonly known and used is a traditional bank loan, since many people are familiar with the process. If you look into…
Freight Factoring and How it Benefits You
If you’re considering a freight bill factoring program, you might be wondering how it benefits you and your transportation company. To learn about the advantages that freight factoring comes along…
How Factoring Can Be Used by Distribution Companies
Suppliers usually demand quick payments. The main issue many distribution companies experience is that their suppliers typically require fast payments, usually within ten days. Some vendors may even require prepayment…
The History of Invoice Factoring
Invoice factoring has played a role in the trucking industry since its early days. After World War II, the expansion and improvement of highways in the United States and Canada…
Quick Factoring Facts
Factoring is not a loan and is a debt-free funding option. A great way that businesses that factor their invoices describe factoring as is “an easy way to receive my…