It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...
While factoring costs more than a bank loan, says Kristin Erickson of North Mill Capital LLC, “our clients are ‘unbankable.’ They borrow from us in hopes of becoming bankable.” (Staff photo: Bill ...
Companies facing a cash-flow squeeze and slow-paying customers often sell their invoices or accounts receivable to specialized companies called factors. The factor advances most of the invoice amount ...
It’s been a well-known fact for some time now, that African American business owners have a more difficult time accessing capital, compared to their white counterparts. The Washington Bureau of the ...
As you might have already experienced, it is not unusual for small businesses to be short on cash. Depending on the industry you operate in, you might find yourself stacking up unpaid invoices from ...
Thousands of years ago, when Rome was at the zenith of its power, small businesses had the opportunity to sell their goods — organic beef, craft beer, hand-stitched clothing — to the affluent and ...
Factoring financing is an option many commercial lenders expand their offering with. Factoring has a high potential to create a mutually beneficial situation for all parties involved. This type of ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The notion of factoring has been around for centuries ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback