Most people see factoring as nothing more than an accounts receivable loan. Business owners typically look to factoring to have more control over their cash flow. This gives them the funds they need to keep their business running. It also relieves much of the stress that comes with trying to coordinate the timing of payables and cash receipts.

Small business owners all around, regardless of the industry you’re in should be conscious of how important cash flow is.

An accounts receivable loan, more commonly known as factoring, has unfortunately earned a negative reputation despite the fact that it is one of the oldest forms of financing in the world. The misconceptions about factoring are the result of not understanding how factoring works and the benefits that an accounts receivable loan provides.

It seems like 2013 has kind of flown by.  If you own a small business, are you considering your options with regards to your cash flow planning?

Accounts Receivable Loan

For a business owner in need of funding to keep their business running, the approval process of an accounts receivable loan is a scary process. If the loan isn’t approved, how can I make payroll next week? You don’t want lose sleep over questions like that.

I’m sure there are a lot of business owners out there who have the fiscal cliff on their mind. Some of you probably have big questions about how your business is going to be affected with the tax cuts being eliminated. You probably have questions like:

Did you glance twice at this title? Yes, we are actually going to give you three and a half reasons for why you should consider invoice funding to garner additional cash flow for your business. Most tip sheets available on the internet give you five, seven or even 10 great reasons why you should do something. When
it comes to factoring online there are so many reasons why it makes sense, but if you want the top few, make sure you skim through the ones below, especially the “third and a half” reason. This reason alone drives home the importance of accounts receivable factoring.

Pulsing in every business owner’s mind is the thought of growing the business. How do you find more people interested in your product
or service? How to you reach them? Do you
have the personnel to handle the increased volume? And, most importantly, do you have the financial resources to accommodate an increase in new business?

If you’re entering 2013 thinking that something has to change for your business, there is no time like the present to set the wheels of change in motion.  We want to chat a bit about how accounts receivable factoring can help you in that effort.