factoring companies Archives

The Latest Trends for Factoring Companies

Factoring companies exist to be able to provide you with the working capital you need to meet your obligations and grow your business. Funding a new businesses growth can be challenging in today’s economic times. Small businesses no longer need to be victims of their own success.

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Better Accounting and Financial Reporting Prompts Factoring

Small businesses need to get into the habit of facilitating accurate, timely and meaningful financial reports. Why? Because it will allow you as the business owner to analyze and assess your company’s past and current performance. And it enables tracking in real time, so if things are not going so well, and you realize bills are being paid late, it offers an opportunity for a quick fix via factoring.

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Factoring Companies Pick up Where America’s Small Businesses Leave Off

The American Dream continues to prevail, even with the worst economic crisis since the Great Depression and as dire economic times continue –the desire to own a small business has not diminished. Factoring companies became popular in the U.S. before the revolution when merchant bankers in England advanced funds to the colonists, similar to a loan, but against the accounts receivables of their clients. Continue reading

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Invoice Factoring Can Convert Payments on Terms to Cash

The Interface Financial Group (IFG), North America’s largest alternative funding source for small business believes that small businesses could avoid bankruptcy by using invoice factoring to stay afloat by converting payments on terms to cash on delivery.
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