Business Financial Fitness Blog

anagentile's picture
BFF Manager
695
08/07
2017
Posted by anagentile

Entrepreneurs come into a new business with plenty of dedication and ambition. There is also no shortage of desire and sacrifice, but all of that only takes a company so far. If a business really wants to succeed, then it needs cash. In the very early stages of starting up a company, it seems like operating capital is no problem. But it does not take long for cash flow to become a primary concern.

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anagentile's picture
BFF Manager
695
08/03
2017
Posted by anagentile

The frustration of invoiced sales can be compounded when banks refuse to lend money to small business with bad credit or no credit at all. Instead of looking to a bank for help, your business can utilize factoring services that can turn those invoices into cash

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anagentile's picture
BFF Manager
695
08/03
2017
Posted by anagentile

Accounts receivable factoring factoring is a process that turns your aging report into a cash flow monitor. You can use your outstanding receivables to get the cash you need, and you get that cash within hours. Instead of a stack of outstanding receivables sitting on your desk, you have cash flow that you can work with.

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anagentile's picture
BFF Manager
695
08/02
2017
Posted by anagentile

In this post, we’ll address a snapshot of one month’s factoring of a hypothetical NATE (National Association of Tower Erectors) member. We’ll keep the numbers simple so you can modify them to your situation. Our goal is to show you how invoice factoring can serve as a powerful, flexible and affordable financial tool for tower erectors and other telecommunications industry contractors.

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marcjmarin's picture
BFF Manager
387
07/03
2017
Posted by marcjmarin

It's time to debunk a myth that factoring is the financing of last resource. In reality, discounting invoices should be the only decision for many businesses. If not, then perhaps a better description for factoring invoice discounting is accessible.

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