What exactly is asset based factoring? Asset based factoring is a method of selling payable invoices to a factoring company at a loss of the total due on the invoices. Selling those invoices is a great way to get working capital out of payable invoices due in the future. There are many reasons invoices may be due in the future - accounts to be paid on a regular basis such … [Read more...]
Non Recourse Factoring vs. Recourse Factoring
Invoices can be a means of equity for almost any business, but getting a working cash flow is usually only possible through recourse or non recourse factoring. What exactly is non recourse factoring? How does non recourse financing differ from recourse financing? Is non recourse financing right for your blooming business? Let's take a few moments to explore the answers to … [Read more...]
Purchase Order Factoring: Short term financial solutions
The first aspect to acknowledge when seeking purchase order financing is that most factoring companies are very choosy when dealing with this type of financing. There is not a firm set of regulations to follow concerning invoice financing because each situation is very unique and has to be assessed as such. It is typically very difficult to find purchase order financing … [Read more...]
What is Export Factoring?
Export and import signifies selling goods and services across international borders and often turn out to be a profitable business venture. However, in the export business the minimum time for payment is 60 days, which creates a major cash flow crisis for many existing export companies. Many extremely large exporting companies can absorb the costs associated with waiting for … [Read more...]
Is Medical Factoring a Smart Finance Solution?
Invoice factoring is also known as accounts receivable factoring. The financial strategy of selling invoices to immediately boost cash flow to an existing business. By effectively eliminating debt and freeing up assets to meet all financial obligations. Medical factoring is a means by which the healthcare provider receives immediate cash for his/her billings to third-party … [Read more...]