Look for Companies that are Members of the International Factoring Association

Written by Wall Street News on May 6th, 2019. Posted in Commercial factoring companies, Invoice advance loan, Service for international factoring

One of the problems faced by many small businesses is maintaining liquid finances while waiting for invoices to be paid. Depending on the type of business and their clients, invoices may commonly take weeks, if not months to be paid. This can create a cash crisis for the small business.

Many small business may opt for business loans or lines of credit that will provide the needed cash, but also increase the amount of debt the companies carries. While this may relieve the short-term cash gap, it will create a larger one down the road as you run into the same problem but now have an additional monthly bill to pay.

Invoice factoring allows companies to sell their unpaid invoices for up to 90% of the total amount. The factoring company than works on collecting the invoice amount from the client. This provides the small business with the cash they need upfront for invoices that will typically take weeks to pay.

Invoice factoring has become increasingly common within the fre

The Importance Of Business Factoring Companies For Small Businesses In The United States of America

Written by Wall Street News on August 28th, 2018. Posted in Best invoice factoring, International factoring, Invoice advance loan

For the small business in the United States, making ends meet can be difficult, and business factoring companies are here to help, from general business factoring companies to trucking factoring companies and the like. After all, small businesses are hugely important to the country of the United States as well as the people living here. And with more than twenty five million small business scattered all throughout the county, small businesses even make up more than ninety five percent (ninety nine percent, to be more exact) of all businesses that can be found in the United States alone. The small business is important, but small businesses are often the first victims of rough economic periods. Small businesses can’t handle financial blows quite as well as big chain stores can, and this shows in the success rate of the typical small business.

Much of this lost money that can be so detrimental to the typical small business comes directly from a lack of paid invoices. And even if an