The capital constraints that sub-contractors experience these days have become all too common, and they’re not expected to go away any time soon. According to this article written by Chris Sleight, “Total US construction spending in the 12 months ending June came to $1.06 trillion, a 12% increase over a year ago according to the Read More ›
At Orion Business Capital, we know that getting started with invoice factoring companies can be overwhelming. First you have to learn exactly what factoring is, how it works, and who it benefits. Once you’ve obtained that basic knowledge, you’ll have to decide if factoring is the right funding solution for your business and its cash Read More ›
If you operate a staffing or temporary employment agency, chances are that you’ve run into these two terms at some point in your search for business financing. Since we often get asked how these differ from one another, we thought we’d use this post as an opportunity to shed some light on the Staffing Factoring Read More ›
According to the American Trucking Associations, “Nearly 70% of all the freight tonnage moved in the U.S. goes on trucks.” So who exactly are the customers that the average trucking company deals directly with while moving all this tonnage? While many of our previous transportation related articles have focused on the benefits of Freight Bill Read More ›
If you’re trying to find the best invoice factoring companies, you’ll quickly notice that there are a plethora of choices in the market today. They range from small organizations specializing in one industry to large corporations generalizing across a multitude of niches. The good news is that there are many options and one of them Read More ›
It’s no secret that oil prices are low. With the price of crude under $50 per barrel, many oilfield operators are feeling the pinch of shrinking margins. These oil & gas companies have had to dramatically “reconfigure” their business model and cost structure or risk closing their proverbial “doors”. According to a Bloomberg article by Read More ›
It doesn’t take an expert to know that the U.S. population is getting older and living longer. According to the Administration on Aging: “People 65+ represented 14.1% of the population in the year 2013 but are expected to grow to be 21.7% of the population by 2040.” So exactly what does this mean? It means Read More ›
We often get asked what factoring looks like from an accounting perspective. The Best Factoring Companies know that this largely depends on whether your factoring arrangement is with or without recourse. The below example is meant only to illustrate the difference between the two, and we therefore suggest you consult your CPA or accounting professional Read More ›
Have you ever wondered what happens if your customer doesn’t pay on a factored invoice? Even worse, what if they declare bankruptcy? The answer to these questions depends on the type of factoring you decide to use. While our last post covered Invoice Factoring Rates, we now turn our focus to the differences between the Read More ›
If you read our recent Should I Use a Factoring Service post, you probably have a good idea of whether or not accounts receivable financing is right for you and your business. Once you’ve decided that it is, or if you’re already factoring, one of the most important items to consider when choosing between factoring Read More ›