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 […]
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.
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 […]
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 […]
Invoice Factoring for Mortgage Brokers
Mortgage brokers: add factoring to your product offering Invoice Factoring is Counter Cyclical to the Mortgage Industry Mortgage rates have gone from 2.9% to 5.9% to !$? What will this do to the average mortgage broker in 2023 and beyond? This is a great time to add brokering invoice factoring to your mortgage brokerage business […]