Invoice Factoring News & Helpful Tips

No business likes to perform collections because of the time and resources involved. When invoices age beyond the standard 30, 60, or 90-day payment schedules, businesses have to perform collections, which consist of reminders or going through agencies that can add an extra 45 days onto the payment schedule. That means an invoice that gets […]

The holiday sales rush is here, which means distributors, manufacturers, tech companies, and more are filling large orders for customers. While high sales volume is always a wonderful thing, increasing cash flow can position businesses for major growth in the new year. Why wait on payments from customers when you can access revenue now? Sales […]

When small businesses need financing, one of the biggest obstacles is credit history. Small businesses may not have an established credit history because they have not been operating for a long time. Similarly, some small businesses already have impacted credit scores from previous loans. In either case, getting financing can be an uphill battle for […]

Invoice factoring has been coming to the forefront to help businesses get fast access to their revenue without any of the restrictions or downsides of debt-based loans. But many businesses do not understand exactly how invoice factoring works. So here are the major ways in which invoice factoring can help your business. 1. Avoid debt […]

Standard business practices dictate that companies that issue invoices to customers must have staggered payment schedules so their customers have a period of 30, 60, or 90 days in which to remit the balance owed. In theory, staggered payment schedules create a constant stream of revenue while also giving customers time to test out the […]