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...]
The Basics of Factoring Financial Services
What is Factoring ? Factoring goes by many names, including invoice discounting, receivables factoring and debtor financing. In simple terms, factoring is a practice wherein one company purchases a debt or invoice from another company. It refers to the acquisition of accounts receivable, which are discounted in order to allow the buyer to make a profit upon collection of … [Read more...]
How Do You Get Tax Preparation Services For Free?
Filing a tax return is the tedious job that many of us don't really want to do it ourselves , so we hire accountants or take help from one . The computer and the internet have made the annual preparation of income taxes so much easier, including the advent of tax preparation services. I can remember working up to the last minute, reading every possible allowable deduction on … [Read more...]
Are U.S. Savings Bonds Still Relevant?
Everyone remembers getting their first saving bond . It is indeed exciting! You start putting your money away for the future, and getting a better rate of return on it than the bank provided. There are many reasons why your investment portfolio should hold onto some savings bonds, and its a shame that fewer and fewer people are taking advantage of this very useful investment … [Read more...]