What makes the Best Invoice Funder? Finance Your Business through A/R Factoring Invoice Financing to Overcome Cash Flow Constraints In 2021, 5.4 million new businesses were established, setting a record for startup companies (US Census Bureau). It is common for startup business owners to have cash flow struggles. Many small businesses struggle when extending credit […]
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.
Credit Insurance versus Bad Debt Protection
Reduce Cash Flow Struggles with Non-Recourse (Bad Debtor Protection) Factoring Bad Debt Protection versus Credit Insurance Summary Bad debt refers to the number of unpaid accounts receivable (A/R) that a creditor must write off or take a loss for customer non-payment. Credit insurance provides coverage for a bad debt-related loss. And bad debt protection is […]
Factor Financing for Minority-Owned Companies
A/R Based Business Funding for Minorities Minority-Owned Business Financing Answers MBE Financing: Minority Business Development Agency (MBDA) MBE Funding Summary Financing minority-owned businesses is challenging for companies lacking strong balance sheets and cash flow. But minority business financing through invoice factoring provides an alternative funding facility for not-yet bankable businesses. By selling unpaid invoices to […]
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 […]
Machine Shop Factoring
Invoice Factoring for Machine Shops Cash Help with Slow Paying but Good Credit Machine Shop Clients How to Finance a Metal Working Machine Shop Machine Shop Financing Summary Machine company operations depend on timely cash flows, given their constant need for working capital. Costs increase quickly when machine shops cut raw metals and materials, increase […]
Parking Lot Repair Factoring
Invoice Factoring for Parking Lot Maintenance & Repair Invoice Financing for Snow Removal and Parking Lot Repair Parking Lot Maintenance Invoice Factoring Summary Parking lot contractors, vendors, and maintenance companies provide services on properties all year long. The cash requirements to pay employees, buy supplies, and finance equipment can quickly run out of control without […]
IT Company Invoice Factoring
Information Technology Company Invoice Factoring A Factoring Company for IT Staffing Firms IT Company Invoice Factoring Summary Information technology (IT) companies need financing to overcome extended credit terms, slow paying customers, and long operating cycles. Bankers Factoring, an IT factoring company, offers cash flow solutions through financing unpaid invoices. Your company can factor (Sell) invoices […]
Invoice Factoring for Cell Tower Maintenance
Cell Tower Factoring Companies Funding for Cell Tower Maintenance Company Payroll Working Capital through Cell Tower Contractors A/R Financing Cell Tower Factoring Telecom and Cell tower maintenance companies are uniquely positioned to benefit from invoice factoring because their customers pay them on credit. This means cell tower construction companies have to wait months for payment […]