Accounts receivable factoring has a long history financing the apparel industry that goes back thousands and thousands of years. In fact, apparel factoring engendered the birth of invoice factoring as a viable commercial financing option. Textile loans and factoring was necessary … Continue reading
Category: Factoring Receivables
For some industries such as manufacturing, factoring is a perfect match. The two have a long history of working together due to their natural complementary business cycles. Yet other industries such as construction and agriculture have added complexities due to … Continue reading
To those who are new to factoring accounts receivables, the terms recourse and non-recourse factoring can cause some misunderstanding. Yet once you become acquainted with the different terminology, you will find that they are fairly self-explanatory.
Thus far, 2014 has proved a challenging winter even in places that are used to snow and cold such as the New York area, the Midwest, and New England. According to USA Today, harsh winter weather has also pounded many … Continue reading
The Olympic Games are all about sports competition, athletic ability, and national pride. Yet if you run a business, the Olympics might be all about numbers. This year’s Winter Games, controversially held in Sochi, Russia, will attract audiences the world … Continue reading
After the singing of “Auld Lang Syne,” ball dropping and much noisemaking celebration, the year 2014 is now upon us. Many of us are getting a footing in the New Year as the pace of work, business and life returns … Continue reading
Though it has a history of use going back hundreds of years, factoring accounts receivables remains a puzzling activity to many in part because of confusion and misinformation.
Traditionally invoice factoring has been used in the clothing and garment industry due in part to the multiple components involved in making a particular article of clothing. With raw textiles coming from one overseas location, the finished product being manufactured … Continue reading
Call it default human nature but most of us are resistant to change, even when we know in the long run that the change would probably be good for us. We get comfortable with the current pace of things, we … Continue reading
Running a medical office, small hospital or other medical center has its unique set of challenges, such as balancing high quality care with patient affordability. From payments made by government agencies such as Medicare / Medicaid to those made by … Continue reading