A/R Cash Flow & Collections Optimization for Small Business Fix Cash Flow and Credit Problems with Non-Recourse Accounts Receivable (A/R) Management Over 90% of small businesses experience cash flow issues. Thus, small businesses selling on terms to large companies and government entities can benefit from Accounts Receivable Factoring with Bankers Factoring. Does your small business […]
Business Enhancement
Did you know that the easiest way to find new business is to network? But how do you network in the time of Covid?
Here are some networking tips and other business growth hacks every business owner should know.
This section of our blog is for all the business improvement thoughts of the owner-employees and friends of Bankers Factoring.
Extend Credit Terms with Factor Finance
Invoice Factoring Lets You Safely Offer Net 30-90 Day Selling Terms How to Smartly Extend Trade Credit to Your Customers Startup business owners face the risk and question of extending credit terms to their customers or sticking with prepay accounts. Entrepreneurs juggle their growth plans and cash flow to ensure all bills are paid on […]
How to Offer Credit Terms through A/R Financing
Credit Terms through Receivable Based Financing Summary A/R Factoring Financing removes the funding burden for not-yet bankable businesses. Companies extend customer credit without securing cash flow financing, causing financial stress. But invoice factoring removes cash flow struggles, mitigates client risk, and enables offering credit terms. How To Offer Credit Terms via Accounts Receivable Factor Financing […]
Ready Your Business for a Recession: Create a 13-Week Cash Flow Forecast
Make Your Business Recession Ready Recessions can have Upsides for Businesses that are Prepared. Economic uncertainty is running high nearing the end of Q3, with a recent Bloomberg survey of economists indicating a 47% chance of a recession in the coming 12 months. With continually rising US interest rates, international conflicts hurting supply chains, and […]
Financing an Auto Repair Shop
Working Capital for Auto Body and Rebuild Facilities Factoring Finance for automotive repair and body shops beats the problems of slow paying customers and weekly expenses. Auto and truck service facilities working with rental car companies, dealerships, fleet operators, and insurance companies can wait up to 120 days for payment. Options are available for companies […]
Invoice Factoring for Mortgage Brokers
Mortgage brokers: add factoring to your product offering Invoice Factoring is Counter Cyclical to the Mortgage Industry Mortgage rates have gone from 2.9% to 5.9% to !$? What will this do to the average mortgage broker in 2023 and beyond? This is a great time to add brokering invoice factoring to your mortgage brokerage business […]
How can Bankers Factoring and Banks Work Together?
Banks can Capture Depository Relationships Even with Non-Borrowers Bankers Factoring is the “Farm System” for Community Banks and Credit Unions Bankers Factoring and Banks Working together can safely grow each other’s client base. Banks want to add commercial clients that generate treasury management services and fee income. However, this is hard to do if they […]
Who Qualifies for a Factoring Company?
Invoice Factoring Requirements: Does Your Business Qualify? Qualifying for Receivable Factoring In 2022 over 5 million new businesses started. With Entrepreneurship playing such a prominent role in our economy, small businesses need access to working capital (Inc.com). Entrepreneurs spend countless days raising money, investing their life savings, and dealing with cash flow struggles. Start-ups need […]
Invoice Financing for Small Business
One of the Best Small Business Invoice Funders How to turn 30-day receivables into same-day working capital A Quick Guide to Small Business Receivable Finance Turn 30-to-90-day-old invoices into new working capital by funding your small business with invoice factoring. Over 20% of businesses fail in their first year (Zippia). Every week, selling your unpaid […]