Cable Television Contractor Factoring Satellite Dish Installation Factoring As a part of the satellite and telecommunications industry, satellite dish installation is a niche yet essential business that is growing at a strong and consistent rate. Valued at $253 billion in 2020, this industry is projected to grow at 9% from 2021 to 2026. With the […]
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.
Can You Have Two Factoring Companies?
Why Can’t I Have Two Factoring Companies? Invoice factoring is a fantastic financial tool that can help your business grow and thrive. Because of this, you may be wondering if having two factoring companies may provide even more benefits to your business. Or, you may be wanting to switch factoring companies and are wondering if […]
Why Do My Customers Send Payments to the Factoring Company?
Payments to the Factoring Company’s Lockbox is the Key to Factoring Invoices When receiving invoice factoring, you may be wondering why your customer now has to send your payments to the factoring company instead of to you. Rest assured not to worry – this is a common occurrence in the factoring industry and is how […]
How to Talk to Your Customers About Factoring
Explain to Your Customers About Using Invoice Factoring Explaining the Benefits of Invoice Factoring to Your Customers When selling your invoices to Bankers Factoring, letting your customers know that you are using invoice factoring is an important and necessary step. Many large companies already pay factors, but some may need educated on how factoring helps […]
Venture Capital vs Invoice Factoring
Factoring versus Angel Investment Comparing the use of invoice factoring and venture capital funding as financial solutions. Invoice factoring and venture capital are both financial tools startups may look towards to increase cash flow. Startups need cash and need it now – according to a study by CB Insights, running out of cash is one […]
PO Factoring
Combining Purchase Order Financing and Invoice Factoring Combining PO Funding and A/R Factoring Individually, purchase order financing and invoice factoring are both excellent financial tools to improve cash flow and accelerate business growth. When put together, these tools will flourish, providing the perfect complement to each other and delivering your business with easy-to-access and reliable […]
How Do Factoring Companies Buy Accounts Receivable?
Why Sell Your Invoices to a Factoring Company? Safe Working Capital. When companies are stuck with 30-90 selling terms, need the cash flow, and invoice factoring fills these gaps. Factoring companies provides immediate working capital. Factoring companies that buy accounts receivable, such as Bankers Factorin will provide immediate funding. How Does Invoice Factoring Work? The […]
Building Your Commercial Factor Broker Business
Your Commercial Finance Broker Business Needs PO Funding and Factoring as Product Offerings Invoice factoring is a rapidly growing industry, with the global factoring volume increasing from $1.1 trillion in 2010 to $3 trillion in 2019. Every day, new business owners deal with unpaid invoices and issues with cash flow. As a factoring broker, you […]
Is Factoring a Loan?
What is a Factoring Company versus a Bank Loan? Factoring is not a loan but the sale of your invoices to a Factor A common misconception is that invoice factoring is a loan. However, this is not the case, and factoring is very different from bank loans. On a daily basis, businesses face problems with […]