Invoice Factoring News & Helpful Tips

The demand for service companies has skyrocketed over the past year. Among those, maintenance companies have seen increased orders and contracts from both residential and corporate clientele. While many maintenance companies do not have the real estate or other assets to get traditional financing, there are ways to get the funding necessary to meet the […]

The technology industry covers a wide range of businesses, from hardware companies to software development, independent consultants, and everything in between. Yet whether your business sells large hardware configurations, consulting services on long-term projects, or subscription-based services, working capital keeps the lights on, allows people to find solutions, and meet time-sensitive deadlines. Invoices and the […]

While business forecasts and projections can point to ballpark goals, revenue cycles themselves become somewhat uneven when analyzed on a more granular level. Sale figures fluctuate. For businesses that issue invoices with payment schedules of 30 days or longer, smoothing out inconsistent revenue cycles can go a long way toward growth and overall success. One […]

The transportation industry serves every single business in the United States. From the food we buy at the grocery store to consumer electronics, raw construction materials, and everything in between, our economy thrives due to efficient supply chains and logistics. Yet even in the current economic climate, the transportation industry is facing growth challenges to […]

There is a lot of misinformation out there regarding accounts receivable factoring. For new business owners, these myths can be very misleading, and can often engineer decision makers to get locked into debt-based agreements. New Century Financial would like to take some time to dispel some of the myths surrounding accounts receivable factoring to provide […]