Accounts receivable factoring, aka invoice factoring, is a financial tool used by small and medium-sized businesses to help them maintain steady cash flow. Businesses convert their outstanding company invoices to immediate cash flow through a third-party financial intermediary known as a factoring company (“factor”). Factors fund...
Ensuring sufficient funding is in place to cover payroll and operating expenses is perhaps the most important task for a business owner. No matter the type of business or industry, payroll funding problems must be avoided, and the best way to do this is to...
Debt factoring, also known as invoice factoring or accounts receivable factoring, is an alternative source of working capital funding. It is not a loan. Business owners sell their outstanding invoices to a third party known as a factoring company (“factor”) and receive an immediate advance...
A growing number of business leaders and economists have warned that the U.S. is headed for an economic slowdown or possibly even worse, a recession. Are your clients prepared? Surging inflation is driven by a tsunami of fiscal stimulus from Federal and state governments, and supply-chain...
Most small and mid-sized business owners know someone who offers financing options. When you are running a business, there are occasional times when keeping up with cash flow needs feels like an impossible hurdle to overcome. Companies understand how long it takes to apply for...
Landing a contract with a municipality, condo development, or a commercial property owner to maintain their grounds is exciting. However, imagine you learn that receiving payment on that contract could take 30-90 days. You might now be wondering how you are going to pay your...
One of the fastest and easiest ways for subcontractors to secure financing is with the use of factoring and spot factoring. Learn about the differences by calling us today at (212) 755-3636....