What Can Be Found in an Effective Invoice? Best Practices for Invoicing Your Customers. With ‘invoice’ right in the name, invoices are the very basis of invoice factoring. Without invoices, there would be no invoice factoring. And with how crucial invoices are to this process, it is equally as important to understand what makes up […]
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.
A Maintenance Factoring Company
Invoice Factoring for the Maintenance Industry A Dedicated Maintenance Invoice Factoring Company The importance of maintenance companies is undeniable, and the maintenance industry plays a vital role in ensuring all industry operations around the world operate smoothly and safely. With over 1.4 million maintenance employees in the United States as of May 2020, according to […]
Invoice Factoring for Satellite Dish Installers
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 […]
How Invoice Factoring Supports Inclusive Procurement
Supporting Minority-Owned Suppliers with Invoice Factoring Supplier diversity program support with AR Factoring The Benefits of Combining Invoice Factoring, Inclusive Procurement, and a Supplier Diversity Program Working with suppliers is a foundational pillar of your large business or government organization. However, the importance of your SME suppliers doesn’t have to end there. In a world […]
An Award-Winning Virginia Factoring Company
Local Factoring in the State of Virginia and the Washington DC Area Small Business and Government Factoring Company Specialist With its solid educational institutions, talented workforce, and dedication to business, Virginia is not only for lovers but for businesses too. Ranked as America’s #2 Top State for Business in 2023 by CNBC, there are few […]
Oil & Gas Invoice Factoring Financing
Oilfield Factoring Services What is Oilfield Factoring, and how does it work? The turbulent Oil and Gas industry has seen rising prices, limited capacity, government risk, and extreme uncertainty for vendors and contractors providing services and products to the industry. Cash flow struggles are real for oil and gas companies working upstream, midstream, or downstream. […]
Understanding Factoring Rates & Fees
How Much do Invoice Factoring Companies Charge? What is the Typical Invoice Factoring Rates & Advance Amounts? Understanding Invoice Factoring Rates & Fees Many business owners attempt to compare bank APR interest rates to invoice or A/R factoring rates. The problem is twofold. One, the best invoice factoring company’s rates are non-recourse and include A/R […]
What To Do If You Can’t Make Payroll
Company Trouble Making Payroll? Payroll Funding with Receivable Factoring. How To Successfully Make Payroll with Invoice Factoring Little to nothing is more essential to the success of a business than its employees. Unpaid invoices and tied-up cash flow can lead to serious payroll problems. Paying employees on time and in full is crucial to continuing […]
Invoice Factoring Myths and Misconceptions
Debunking Common Fallacies about Accounts Receivable Factoring 7 Common Myths about Invoice Factoring Many small business owners have heard of receivable factoring or invoice factoring but are unsure what it is or how it works. Others are convinced it is a bad idea, even though more than $50 billion in invoices are sold yearly through […]