The Difference Between Recourse Factoring and Non-Recourse Factoring The main difference between these two types of factoring is the party who is at risk for bad debt. When you understand the difference between the two, you can then make the … Continue reading
Continue ReadingInvoice Factoring
Factoring Company vs Debt Collection Agency
One of the most common misconceptions of factoring companies is that they serve the same function as a debt collector—this couldn’t be further from the truth. These two businesses serve two completely different purposes. Understanding the Difference Between an Invoice … Continue reading
Continue ReadingNon-Recourse Factoring | How to Invest Your Extra Cash
So, you’ve utilized the benefits of non-recourse factoring. Your business is thriving, and you even have excess cash in the bank. Having too much cash on hand hardly seems like a problem, but investing it on the wrong things can … Continue reading
Continue Reading4 Tips to Expand Your Manufacturing Business
Starting a new business is a challenging process, but expanding your current business can prove to be even more challenging. As your manufacturing business becomes busier and busier, you have less and less time to think about expansion. Expanding your … Continue reading
Continue Reading6 Top Benefits of Non-Recourse Factoring
How Does Non-Recourse Invoice Factoring Work? Many businesses don’t understand non-recourse factoring. If you are looking for the best financial solution for your business then you’ve come to the right place. Non-recourse factoring is when a factoring company purchases your … Continue reading
Continue ReadingPurchase Order Financing vs. Invoice Factoring
Many people are confused about the difference between purchase order financing and invoice factoring. Although they both are designed to help businesses outpace their income revenues, they provide different benefits. If your business is in need of financing to secure … Continue reading
Continue ReadingHow to Get Your Invoices Paid Faster
Your business depends on payments from outstanding invoices. Without prompt payment, your cash flow will suffer tremendously. Rather than just crossing your fingers and hoping for the best, here are 4 ways to build a better invoice to get your … Continue reading
Continue ReadingHow Are Invoice Factoring Services Regulated?
A number of different institutions and government entities are responsible for regulating banks and deciding who receives a small business loan and who doesn’t. Such regulatory institutions also protect against fraud, theft and other forms of deception providing a measure … Continue reading
Continue ReadingGet Funding for Small Business Tax Obligations with Invoice Factoring
Few people in this country look forward to tax season, and this is particularly true for small business owners. Chances are, gathering and reviewing all of your small business finances every year is probably not why you decided to launch … Continue reading
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