Business A/R Financing with Tax Problems Factoring Companies need your A/R Invoices Free & Clear to Fund Your Business. Prospective clients are sometimes surprised when a factoring company asks for copies of their latest IRS 941 or other tax documents like annual filings. Factoring prospects ask, “why do factoring companies ask for these documents?” The […]
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.
How to Obtain Financing after Business Loan Denial?
Business Loan Declined? Steps to take to get Funded. A Bank Line of Credit Turndown is Not the End of the World After going through the tedious business loan application process, you have solid open invoices, and are still denied a small business loan and feel as though there are no options. The main question […]
Invoice Factoring for Veteran-Owned Small Businesses
Veteran Owned Business Financing PO Funding Options for Veteran-Owned Businesses Bankers Factoring Proudly Funds Government Contract Sales Special Govt Factoring & Govt PO Funding Programs for US Veterans Government Invoice Factoring for Veteran-Owned Small Businesses Bankers Factoring is honored to work with the men and women who have served our great country in uniform. More […]
6 Causes of Cash Flow Problems
Cash Flow Problems Causing Stress? Ways to Improve Accounts Receivable Cash Flow According to a US Bank survey, 82% of business failures are from poor cash management. Poor business decisions put your business in a cash flow crunch, especially in your prices, staffing, and overall spending. Most companies encounter cash flow obstacles, but with the help of invoice […]
Cash Flow Issues Due to Growth
Fund Sales Growth by Safely Extending Customer Payment Terms Hyper Sales Growth Burning through your Cash? Invoice Factoring Can Help. Business growth is driven by new sales, large orders coming through the door, and big, new commercial clients that can hurt your cash flow. However, increased demand is not always in the forecast. Therefore, causing […]
Seasonal Business Cash Flow Management
Best Practices for Your Seasonal Business A Game Plan for Severe Cash Flow Problems Because of Seasonality Does your business make most of its money during the winter or summer months? Or does your business rely on Holiday seasons? If you struggle to manage your seasonal cash flow and pay your bills, Bankers Factoring has […]
What is Freight Factoring?
Solving Cash Flow Issues with Bankers Trucking Factoring Is Bankers Factoring the Right Trucking Factoring Company for you? Trucks move 72% of US freight by weight, with over 97% of trucking companies operating fleets of less than 20 trucks. Thus, if you are an owner-operator with a small fleet, it is difficult to wait for […]
Invoice Factoring Companies: Is Working Locally Best Practice?
How to Choose a Local Accounts Receivable Factoring Company Does a Local Factor make a Difference? As the phone rings, you are greeted by a salesperson, and without skipping a beat, the salesperson casually asks, “Where are you located?” It is not a secret that oftentimes, companies prefer to deal with local businesses and organizations […]
Transportation and Trucking Invoice Factoring Pitfalls
Freight Invoice Factoring Hidden Problems Common Freight Factoring Mistakes that can Bankrupt You Costly Unethical Trucking Tactics The global invoice or Accounts Receivable Factoring market is a $3 trillion market in 2022. However, trucking companies seeking cash flow from slow-paying customers with extended payment terms need alternative financing solutions. Bankers Factoring is proud to be […]