It’s a buzz that can be heard among bookkeepers and accounting professionals across the board: big businesses are adopting a new, 60-day billing cycle. This is extra 30-day delay is causing havoc on all companies especially small businesses
Businesses of all shapes and sizes can realize cash flow problems, and in this slow-growing economy, cash flow problems are more prevalent. Cash flow is often measured as the pulse of your business, and problems here can cause your business … Continue reading
Regardless of the type of business you’re in, this flat economy is affecting everyone. Customers are cutting back their spending, clients are taking longer to pay their bills, and banks and financial institutions aren’t lending. As a result of this … Continue reading
How to Avoid Issues & Problems with Accounts Receivables Factoring The familiar saying “read the fine print” is true with just about anything in life involving money, and invoice factoring is no exception.
Recourse Factoring vs. Non-Recourse Factoring: What’s the Best Option for Your Business? If you need a large chunk of cash to cover payroll, invest in new equipment, or pay expenses for your business, accounts receivable factoring may be a good … Continue reading
Need Advice to Find Out if Invoice Factoring Is Right for You? Look No Further! Factoring Invoices, sometimes called Account Receivables Factoring, is a financing option where businesses sell their invoices to an Invoice Factoring Company for a small fee … Continue reading
Everyday we read headlines about the flat global economy asking ourselves when these hard times will improve. However, for those in the Canadian oil and gas sector, as well as those in manufacturing, the market is already looking up.
Whatever role you play in the oil and gas sector — supplier, driller, manufacturer, surveyor or an entrepreneur — you know events unfold at a fast, often erratic pace. The oil and gas boom doesn’t keep business hours and when … Continue reading
Internet technology continues to change and here at Business Factors, one of the nation’s premier accounts receivable factoring companies, we’ve launched a new website to keep pace and provide you with an improved, interactive web experience. In addition to enhancing … Continue reading
It’s long been one of businesses most vexing yet common problems: high profits and low cash flow. This dilemma is even more prevalent in this struggling economy when more and more companies may lag on paying their invoices. Being profitable … Continue reading