Invoice Factoring News & Helpful Tips

Invoice Factoring is based on the concept of getting revenue into the hands of business owners faster and more efficiently than waiting 30, 60, or 90 days for customers to make payments. Despite this, factoring comes in many different flavors. Some invoice factoring companies only work with businesses that have high-volume sales. At the other […]

When businesses need financing, but do not want to take on debt from traditional loans, they typically seek out alternative methods. Among the dozens of options, invoice factoring and merchant cash advances (MCAs) are very popular. However, an MCA and invoice factoring are less alike than you might think. 1. The Balance Owed One of […]

The technology sector is highly competitive, as every industry relies on products and services for everything from logistics to manufacturing, healthcare, network connection, workstations, and everything in between. On the financial side, technology companies have been leveraging receivables to meet current demands and take their operations to the next level for technology factoring. 1. Using […]

The economy relies on distributors, and distributors rely on invoice financing for small businesses to get things moving to fill customer orders quickly and efficiently. Distributors serve every facet of modern commerce, from imports to medical equipment, e-commerce purchases, consumer electronics, clothing, construction materials, and more.  1. Keep capital on hand for purchasing inventory Distributors […]

As more businesses and government organizations pivot to contractors instead of full-time employees, the demand for staffing agencies is rising. At the same time, staffing agencies have used invoice factoring for staffing companies to make the most of these new partnerships. 1. Using Invoice Factoring to Manage Receivables Staffing agencies provide skilled workers across every […]