Oilfield Factoring Services What is Oilfield Factoring, and how does it work? The turbulent Oil and Gas industry has seen rising prices, limited capacity, government risk, and extreme uncertainty for vendors and contractors providing services and products to the industry. Cash flow struggles are real for oil and gas companies working upstream, midstream, or downstream. […]
Factoring
Invoice factoring comes in many types with even more ways to utilize it and with cost structures just as varied and (some) complex.
Here is a repository of recent articles from Bankers Factoring on the best practices in A/R financing for entrepreneurs.
What To Do If You Can’t Make Payroll
Company Trouble Making Payroll? Payroll Funding with Receivable Factoring. How To Successfully Make Payroll with Invoice Factoring Little to nothing is more essential to the success of a business than its employees. Unpaid invoices and tied-up cash flow can lead to serious payroll problems. Paying employees on time and in full is crucial to continuing […]
Invoice Factoring Myths and Misconceptions
Debunking Common Fallacies about Accounts Receivable Factoring 7 Common Myths about Invoice Factoring Many small business owners have heard of receivable factoring or invoice factoring but are unsure what it is or how it works. Others are convinced it is a bad idea, even though more than $50 billion in invoices are sold yearly through […]
8 Benefits of Invoice Factoring for Disaster Recovery
FEMA Factoring for Hurricane Ian Fire, Hurricane, Winter Storm, Tornado, Earthquake Contractor Financing Fast Funding for Natural Disaster Government Contractors According to NOAA, in October of 2021, the US reported eighteen weather or climate-related natural disasters exceeding $1 billion in losses. Invoice factoring can provide your business with additional working capital for sales opportunities presented […]
6 Tips to Improve Business Cash Flow
From Negative to Positive: How to Fix Cash Flow Problems Profits are a Rumor; Cash Flow is a Fact… My Business is Profitable, but Why am I always Short on Money? Business owners are constantly trying to close sales and make revenue for their operations. And as entrepreneurs, we strive and desire “whale” deals or […]
Which is Better, Recourse or Non-Recourse Factoring?
Why Choose Non-Recourse Factoring Many businesses looking into factoring encounter the decision of what type of factoring, recourse vs non-recourse factoring, to choose. They are not sure what the difference is and what route to take. So what are the advantages and disadvantages of factoring receivables non-recourse? And is factoring receivables without recourse a good […]
The Perception of Factoring by Entrepreneurs is Changing
Even the SBA Understands the Need for Invoice Factoring Is Factoring Invoices a Good Choice for Entrepreneurs? The 31 million Entrepreneurs in the USA need help to avoid becoming part of the 82% of businesses that fail due to poor financial management. What if we told you there is a fast funding source that requires […]
Invoice Factoring for Court Reporters
Cash Flow Solution for Court Stenographers Uncertainty in the financial system from recent bank failures, rising consumer debt, and inflation contributed to Goldman Sachs raising their odds to a 35% chance of a recession (NBC). With the growth in court reporters and remote depositions, being an independent government contractors or small businesses, need financial tools […]
Is Factoring a Loan?
What is a Factoring Company versus a Bank Loan? Factoring is not a loan but the sale of your invoices to a Factor A common misconception is that invoice factoring is a loan. However, this is not the case, and factoring is very different from bank loans. On a daily basis, businesses face problems with […]