Late Payments Can Sink A Business How Money Factoring Companies Are Pulling Businessowners Back Up

Written by Economic Development Jobs on January 30, 2019. Posted in International factoring service, Invoice funding, Transportation factoring companies

When’s the last time you were frustrated about a late payment?

Chances are…you’ve lost count. Late payments are not just a common issue, but so common as to be entirely expected. Too many businesses today are going belly-up for reasons ranging from mismanagement to a lack of proper marketing. When you add a constant slew of late payments to the mix it’s no wonder why stability seems a distant dream. Money factoring companies can offer you a leg up on these irritating patterns, particularly if you’re starting to face the very real possibility of bankruptcy.

What is freight invoice factoring and how can it help you finally catch up to your financial goals? Here’s what you should know.

Small Businesses Are A-Plenty In America

Throw a rock and you’ll hit a small business in dire need of some on-time payments. According to recent data there are nearly 30 million small businesses operating in the United States. These can r

6 Ways Invoice Factoring Can Help Your Business’s Bottom Line

Written by Economic Development Jobs on January 9, 2019. Posted in International factoring service, What is an invoice advance loan

One of the biggest problems facing small businesses around the United States is cash flow. There are ways to keep the cash flowing even when you have a number of invoices that are past due. Many American businesses turn to business factoring companies to help. Experts from the International Factoring Association say that there are a number of ways going this route can help a business stay afloat when their cash receivables department stops having incoming payments to process. Here are some ways

  1. Using invoice factoring services can protect your credit rating. The International Factoring Association experts like to remind business owners that this service is not the same thing as a loan. When you work with an invoice factoring company, they buy the invoices you have outstanding and often pay upwards