Just as house requires a solid foundation to be structurally sound, a business needs a solid foundation to be financially sound. If you don’t have a firm financial footing, your business is a house of cards - a house that will come crashing down as soon as the wind blows.

The Questions

If you’re brand new to factoring, like a large percentage of our applicants and it hasn’t occurred to you yet, I promise you’re going to want to know the answer to the two following questions

1. What happens when one of your customers can’t pay on an invoice you’ve sold to a factoring company?
2. What happens when your customer won’t pay an invoice you’ve sold to a factoring company?

Factoring Agreement: Understand Before You Sign

Recourse vs. Non- Recourse Factoring – What’s the difference?

Factoring is used by large and small businesses across practically all industries today.The transportation industry is no exception to this. Trucking companies across the country use factoring to improve their cash flow and keep their trucks on the road.

Freight Factoring Companies:  What You Should Know!

I don’t know how many times I can reiterate this………….cash is king!

“Cash is king.” You’ve heard this saying before because it’s true. While it may be overly simplistic, it has real practical implications, especially for small-to medium-size businesses. But what about expedience and convenience? Often it’s the combination of a cash injection and expedience that’s necessary to meet your business objectives. Waiting weeks for credit isn’t an option, and, spending significant time away from the business puts an additional strain on resources. Perhaps you’ve seen the Ford commercials in which Ford owners envision choosing between two good things, such as having a safe vehicle or a reliable vehicle but not both. At the end of the commercial, the actors determine that “and is better.” Obviously, they’re implying that you don’t have to choose between two good things if you buy their product and that you may very well not get everything if you purchase a competitor’s product. All humor aside, traditional business financing methods are often slow and tedious to secure, and factoring companies which don’t offer a full online solution simply aren’t providing the same convenience and expediency that you desire. Online factoring combines a great financial product with the speed and convenience afforded by online processing. Fast AR Funding’s online factoring doesn’t just provide cash, it also provides additional benefits that can make your business more productive and secure. If you’re concerned with the speed at which you can gain funding, then online factoring should be a serious consideration.  If you’re not sure if it’s right for your business, then keep reading for some common business scenarios that may be applicable to your situation.

Factoring Accounts Receivable: Why Factors Require Personal Guarantees

If you’re reading this blog you are most likely a small to medium sized business owner or financial associate within a business searching for financing. You could be searching for an explanation why there are certain requirements when factoring accounts receivable. You might possibly just wondering why Factors require a personal guaranty.

 Factoring Receivables: Online Process Gets you Money Faster