Buying or Selling a Business? Nail the Due Diligence. When buying or selling a business, getting the due diligence right is a key first step. Here is the due diligence checklist used by our sister companies Bankers Advocate and Business Appraisal Florida over the last two decades modified for these times. You can reproduce this […]
Business Enhancement
Did you know that the easiest way to find new business is to network? But how do you network in the time of Covid?
Here are some networking tips and other business growth hacks every business owner should know.
This section of our blog is for all the business improvement thoughts of the owner-employees and friends of Bankers Factoring.
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 […]
Bad Debt Protection with Accounts Receivable Factoring
Reduce Business Bad Debt and Increase Cash Flow with A/R Factoring Credit Insurance versus Bad Debt Protection Bankers Factoring is not an insurance agency, so we cannot sell or offer credit insurance. However, by utilizing our own credit insurance policy, trade credit experience, and strong balance sheet, Bankers Factoring offers you bad debt protection through […]
A Total A/R Management Solution
A/R Cash Flow & Collections Optimization for Small Business Fix Cash Flow and Credit Problems with Non-Recourse Accounts Receivable (A/R) Management Over 90% of small businesses experience cash flow issues. Thus, small businesses selling on terms to large companies and government entities can benefit from Accounts Receivable Factoring with Bankers Factoring. Does your small business […]
Extend Credit Terms with Factor Finance
Invoice Factoring Lets You Safely Offer Net 30-90 Day Selling Terms How to Smartly Extend Trade Credit to Your Customers Startup business owners face the risk and question of extending credit terms to their customers or sticking with prepay accounts. Entrepreneurs juggle their growth plans and cash flow to ensure all bills are paid on […]
How to Offer Credit Terms through A/R Financing
Credit Terms through Receivable Based Financing Summary A/R Factoring Financing removes the funding burden for not-yet bankable businesses. Companies extend customer credit without securing cash flow financing, causing financial stress. But invoice factoring removes cash flow struggles, mitigates client risk, and enables offering credit terms. How To Offer Credit Terms via Accounts Receivable Factor Financing […]
Ready Your Business for a Recession: Create a 13-Week Cash Flow Forecast
Make Your Business Recession Ready Recessions can have Upsides for Businesses that are Prepared. Economic uncertainty is running high nearing the end of Q3, with a recent Bloomberg survey of economists indicating a 47% chance of a recession in the coming 12 months. With continually rising US interest rates, international conflicts hurting supply chains, and […]