Medical Accounts Receivable Financing FAQ’s
Medical accounts receivable financing, synonymous with the term “medical factoring”, is a significantly helpful working capital tool that is available to healthcare providers. The goal of this post is to address some of the more common questions surrounding A/R financing within the medical field. However, for additional information, feel free to visit our Medical Receivables Read More ›
Accounts Receivable Factoring – A Common Sense Approach
In a previous post, we briefly discussed why invoice factoring was a good small business funding solution along with which type of companies should utilize it and which ones simply should not. As such, this post is not a comparison of accounts receivable factoring to other forms of financing, but will focus on a simple Read More ›
Factoring Receivables – A Small Business Funding Solution
It’s no secret that most small businesses across the country view traditional bank loans and lines of credit as the holy grail of financing due to their low cost of funds…and rightfully so! The simple truth is that if a company can obtain traditional bank financing in an amount sufficient for their capital needs, they Read More ›
How Can Payroll Factoring Help My Staffing Agency?
Staffing agencies of all sizes often face cash flow dilemmas. Temporary employees need to be paid every one or two weeks, but most customers only pay their bills every 30 to 45 days. Payroll factoring is one of the most convenient methods to accelerate receipt of customers’ payments and allows staffing firms to make payroll, Read More ›
The Upside to Freight Bill Factoring
Factoring for trucking companies and freight brokers is a highly efficient means to obtain up-front cash for loads that have already been delivered. By selling receivables, transportation companies are immediately able to cover the cost of fuel, repairs, driver wages, and any other operating expenses that arise without waiting the typical 35-40 days it takes Read More ›