AR Cash Flow has outlined its views on factoring and bank loans. Usually, the first thought for a business owner is to seek funds from a bank. Historically, invoice factoring is rarely first thought of when attempting to overcome a working capital shortage. When first introduced to the idea of factoring it is common for a business owner to ... [full story]
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The main constraint in any business that deals with credit clients is maintaining a healthy cash flow. Whereas bank loans come with their own set of conditions like arranging for collateral or guarantees, etc, business factoring or invoice factoring as it is also known, offers a flexible financial tool that provides instant funds against credit invoices. Here is how business ... [full story]
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Freight Factoring Company, Phoenix Capital Group, is providing truckers with the means to survive in a down-turned economy. Phoenix Capital Group (PCG) is a one-stop transportation services provider. PCG's services include factoring, equipment financing, truck factoring, and fuel cards. "The current state of the economy, but in particular sharply rising prices, can cause serious cash flow problems for those ... [full story]
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For anybody who noticed that I didn't write last week (Hi Mom!), I skipped a week because I was on vacation! Which ended up giving me a great topic to write about this week. A big key to my success is routine and anything that throws that out of whack freaks me out. So once I got over the ... [full story]
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The Atlanta Journal-Constitution While checking out the latest recruiting news, this headline from the July 1 edition of the Memphis Commercial Appeal grabbed our attention: “Nets officials praise CDR’s character; No shady players on Jersey’s draft list” Shady players? Color us intrigued. Here’s the gist of the article, spotlighting the Nets’ picks in the recent NBA draft: ... [full story]
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Small Business Invoice Factoring Do you sell products or services to commercial or government customers? If you do, then you must be very familiar with having to wait 30, 40 or even 60 days to get paid by your clients. Most large businesses can afford to wait. Unfortunately, few small business owners can afford to wait - and ... [full story]
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Invoice factoring can provide much-needed working capital to fuel a company’s growth or help them get through a tough period of time. But not every firm is a candidate for this type of financing. Those companies that have a pool of business to business accounts receivable can qualify, assuming their customers are credit-worthy. Here are some examples of situations that ... [full story]
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A bizarre thought came to mind... If you factor out all of the common elements of our lives, from one to the next. What are you left behind? The consequence of factoring is to find the terms in a statement that are significant. So if we factor our lives for the conditions of our existence that are shared, what ... [full story]
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What is Factoring? Do you have clients that take 30, 50 or 60 days to pay their invoices? Although having slow paying clients is expected in today’s business environment, they make managing cash flow a very difficult task. Paying suppliers, salaries and rent becomes a challenge. However, there is a way to solve this problem. The solution involves ... [full story]
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Aim listed Ultimate Finance Group is widening its business into the international factoring market. The group, which provides factoring and general financial solutions provider for small to medium UK businesses, said following its interim results in March, it has been looking for a "fresh approach to the company's direction, implementing a range of new initiatives and developing opportunities." ... [full story]
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Recap of recent article on the benefits of factoring. I just read this article on the benefits of invoice factoring that was really good. Some of the main points: 1. Get an influx of working capital - this helps bring cashflow into the business for operations even when times get thin. 2. Improve cashflow without borrowing - ... [full story]
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Recap of recent article on the benefits of factoring. I just read this article on the benefits of invoice factoring that was really good. Some of the main points: 1. Get an influx of working capital - this helps bring cashflow into the business for operations even when times get thin. 2. Improve cashflow without borrowing - ... [full story]
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Recap of recent article on the benefits of factoring. I just read this article on the benefits of invoice factoring that was really good. Some of the main points: 1. Get an influx of working capital - this helps bring cashflow into the business for operations even when times get thin. 2. Improve cashflow without borrowing - ... [full story]
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If you are looking to sign up with a factoring company, I strongly recommend that you do so with a clear exit strategy. Ideally, you are planning on using invoice factoring in order maintain some positive cash flow during your business' current rapid growth. At some point, your growth rate will slow and when that happens, you do not want ... [full story]
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Baku, Fineko/abc.az. Active introduction of special proposals for purchase of automobiles, attractive conditions of financing and close co-operation with official car showrooms and distributors of leading automobile producers in Azerbaijan allowed Parex Leasing & Factoring to become one of the leaders of the domestic leasing market. The Company reports that constantly making advance for clients they changed conditions of ... [full story]
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Baku, Fineko/abc.az. Parex Leasing & Factoring has completed transfer of 100 passenger buses for intracity routes in the capital of Azerbaijan. The Company reports that the bus project was realized due to joint work with Nihad Motors. Direct investments of Parex Leasing & Factoring in the project totaled AZN 1.964 million. New modern buses differ with comfort and ... [full story]
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A leading factoring company, has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider of wireless data services. The accounts receivable factoring facility was a key element of the funding package which enabled the New Jersey based network operator to complete the acquisition of a complimentary wireless technology business, providing nationwide wireless data ... [full story]
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Platinum Funding Group, a leading factoring company, has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider of wireless data services. The accounts receivable factoring facility was a key element of the funding package which enabled Velocita, the New Jersey based network operator, to complete the acquisition of SkyTel, a complimentary wireless technology ... [full story]
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Platinum Funding Group, a leading factoring company, has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider of wireless data services. The accounts receivable factoring facility was a key element of the funding package which enabled the New Jersey based network operator to complete the acquisition of a complimentary wireless technology business, providing ... [full story]
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Accounts receivable factoring is one of the most commonly known terms in the business world. Businesses everywhere understand that accounts receivable factoring is the easiest and best way to obtain funding. For years businesses have taken advantage of them factoring because of its speedy approvals and ease of qualification. But Love Boat data recovery tape some dangers that lie within ... [full story]
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Platinum Funding Group, a leading factoring company, has signed an agreement to provide a $66 million accounts receivable factoring facility to a leading provider of wireless data services. The accounts receivable factoring facility was a key element of the funding package which enabled Velocita, the New Jersey based network operator, to complete the acquisition of SkyTel, a complimentary wireless technology ... [full story]
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When making the decision to receive financing through invoice factoring, many firms that operate on a global level turn to international factoring companies to meet the growing needs of their multi-national corporation. Through the purchase of accounts receivable, international factoring companies provide invoice factoring, giving companies immediate access to working capital based on the value of the invoice, without accruing ... [full story]
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Recent statistics released by the factoring companies trade association indicate that the number of clients using factoring and invoice discounting showed minimal growth in the first quarter of 2008 compared to the same quarter in the previous year. The number of companies using domestic factoring actually dropped slightly which when one considers the number of new companies being signed ... [full story]
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One thing that’s been on my mind lately is how unstable the Internet is. Not just Internet connections, which can go down without warning (we get a lot of lightning strikes here because we’re up on a hill, and we’re always having our phone, cable or electricity go out when a tree falls on the wires.) But also ... [full story]
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Accounts receivable factoring is one of the most commonly known terms in the business world. Businesses everywhere understand data recovery accounts receivable factoring is the easiest and best way to obtain funding. For years businesses have taken advantage of them factoring because of its speedy approvals and ease of qualification. But there are some dangers that lie within accounts receivable ... [full story]
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Asset-based lending is the phrase on everyone’s lips when it comes to discussing effective business finance. But what is driving the success of ABL as a funding tool for UK businesses? Twenty five years ago, little was known about alternative business finance. Companies needing funding went to their banks and negotiated an overdraft facility. The recession at the end ... [full story]
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Baku, Fineko/abc.az. Parex Leasing & Factoring (PLF), one of the leading leasing companies in Azerbaijan, has commissioned a new product on leasing of housing and commercial real estate. The Company reports that the product is oriented to private entrepreneurs, small- and medium-size business, and solution of housing issues of young families. “The conditions of programme of leasing of ... [full story]
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We try our best to explain the pros and cons of invoice factoring. We don’t pretend that it is a good fit for all businesses. But accounts receivable factoring has been a viable financial tool for many companies in need of working capital. For those that are thinking about factoring invoices, this post is devoted to a review of the ... [full story]
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The premier factoring company, Platinum Funding Group, has signed a two-year, $8.4 million invoice factoring agreement with a maintenance contractor servicing utility companies. The maintenance and utility company entering into the accounts receivable financing agreement is a 100% minority-owned business located in Savannah, Georgia. It provides medium and high voltage underground and overhead cable to the maintenance and utilities industry. ... [full story]
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Voyager Petroleum Inc. (OTCBB:VYGO) (Frankfurt:DXD) is pleased to announce that it has entered into a factoring agreement with BLN Capital Funding LLC, for up to $1 million in purchase order, inventory and receivables financing. Management believes this credit facility will provide the working capital necessary to generate additional revenue by accelerating production at the Detroit facility. The company is marketing ... [full story]
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Jossip reports that Bill O'Reilly will finally get to talk to disgruntled Bush administration mouthpiece Scott McClellan. This after complaining that McClellan backed out of an agreement to appear, only to have someone from McClellan's publisher note: I work for McClellan’s publisher and saw first-hand what happened: We booked Scott’s media on the highest-rated shows that called us first. ... [full story]
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Eric Fo and Pamela Winslow don't have a traditional bank line of credit. To prevent cash flow from running dry, the co-owners of Elite Innovations Inc., a carwash-products company, use factoring, an alternative financing method that allows a small business to sell its accounts receivables to a third party, in this case a factoring company. Factoring helps boost ... [full story]
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