Should I Use a Factoring Service?
If you read our last post, What is Factoring?, then you’re well aware of what invoice factoring is all about. Naturally, the next question you may be asking yourself is…should I use a factoring service? The answer to this question isn’t quite so simple. Your decision of whether or not to use accounts receivable factoring Read More ›
What is Factoring?
Even though invoice factoring is not something new, there are still many people who have never heard of it before or simply don’t understand what it is. So exactly what is factoring? According to Wikipedia: “Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., Read More ›
Alternative Financing Methods for Manufacturers
Manufacturing is an industry that faces a constant need for working capital. In this Article, Megan Woolhouse of The Boston Globe points out that, “Since the sector hit bottom in early 2010, the nation has added nearly 900,000 manufacturing jobs, according to the Labor Department.” These jobs represent real growth that translates into more and Read More ›
Traits Shared Among the Best Staffing Factoring Companies
Whether you’re just starting your staffing agency, or you’ve been in business for years, it’s always important to work with a financial partner who truly understands your unique needs. According to a recent AOL Jobs Article by Kristen Felicetti, “…temporary jobs are expected to grow 13 percent over the next five years…” and “…46 percent Read More ›
Invoice Factoring for Start-Ups
So you finally launched your new business that has been in the works for months…maybe even years. It’s certainly a great feeling to see the countless hours of work come to fruition. Maybe you obtained personal loans from family and friends to get started, or maybe even an unsecured loan from a bank. It’s important Read More ›