Gasoline Prices - Price Fixing? Can a Factoring Facility Help?

Posted by Jonah Schnel on Thu, Apr 28, 2011

factor invoiceOne of the things that affects just about every small business is the price of fuel.  

I am not a lawyer and I don't know the legal definition of price fixing, but it sure seems to me like  the "fix is in".  

It is pretty simple that if the large oil companies where truly just passing along an increase in prices from their suppliers then their margins would actually be shrinking as their sales increased.  From an article released today in the Wall Street Journal that is definitely not what is happening. 

http://www.politico.com/news/stories/0411/53840.html

These companies are reaping massive profits on the backs of american consumers and small businesses, and I think it will continue through the end of the summer when they can no longer justify the prices.  

I wish I had an easy solution but the only thing our business can do is offer some help to small businesses that are being affected.  If you have too many accounts receivable and not enough cash to pay your bills a factoring facility may help.  

Our company specializes in making advances against small business invoices.  We developed our system to be completely electronic.  If you think we might be able to help, click the apply now button below.  It doesn't obligate you to anything, it just allows us to review your situation and see if we can help.  Let us know, we're here to help!

I wish I could say we will give away a free gas card with every application but then we wouldn't be able to pay our own gas bills!   

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Tags: Small Business