When you’re running short on cash, what do you do? Sell hard, slash costs and run to the bank for a loan? Have you ever considered receivables factoring? Receivables factoring provides the same benefits as a traditional bank loan, plus so much more.
Businesses need funding to survive. You have to have cash to purchase inventory, pay employees and cover overhead. I have, unfortunately, seen many businesses struggle due to inadequate funding. When cash is tight for an extended period of time, there comes a point where you, as a business owner, have to make tough decisions about your business.
Tags: Accounts Receivables Financing, Invoice Factoring, Business Loans
Factoring is a great tool for businesses in all industries; however, the transportation industry has some unique challenges that factoring is especially good at addressing. Transportation factoring is a great way to boost your cash flow and keep your business running smoothly.
Tags: Factoring Companies, Recourse Factoring, Non Recourse Factoring
Tags: Invoice Financing, Texas Factoring Company, Factoring Company
There’s no doubt that the economy is growing. A few days ago, the Bureau of Economic Analysis released the initial estimate of second quarter GDP data. The Bureau estimates that real GDP increased at an annual rate of 1.7% in the second quarter of this year. This is up from 1.1% in the first quarter of 2013. All together, the economy has grown at an annual rate of 1.4% in the first half of 2013.
Tags: Factoring Services
Tags: Cash Flow, Factoring Company
