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 […]
Bankers Factoring Blog
Welcome to the Bankers Factoring Company Blog about small business issues, government contract sales, start-up funding, payroll funding, invoice factoring, A/R financing, and purchase order funding.
Invoice Factoring Blog
Here is information about starting, growing, and exiting business ownership that we think our fellow business owners will find exciting and compelling. We continue to learn and grow as owner-employees in this entrepreneurial journey offering business owners non-recourse invoice factoring.
We will discuss the differences in invoice factoring companies, invoice factoring costs, hidden fees, cash flow problems, other financial solutions, and having a healthy cash flow; all the issues small business owners deal with daily.
8 Benefits of Invoice Factoring for Disaster Recovery
FEMA Factoring for Hurricane Ian Fire, Hurricane, Winter Storm, Tornado, Earthquake Contractor Financing Fast Funding for Natural Disaster Government Contractors According to NOAA, in October of 2021, the US reported eighteen weather or climate-related natural disasters exceeding $1 billion in losses. Invoice factoring can provide your business with additional working capital for sales opportunities presented […]
6 Tips to Improve Business Cash Flow
From Negative to Positive: How to Fix Cash Flow Problems Profits are a Rumor; Cash Flow is a Fact… My Business is Profitable, but Why am I always Short on Money? Business owners are constantly trying to close sales and make revenue for their operations. And as entrepreneurs, we strive and desire “whale” deals or […]
Which is Better, Recourse or Non-Recourse Factoring?
Why Choose Non-Recourse Factoring Many businesses looking into factoring encounter the decision of what type of factoring, recourse vs non-recourse factoring, to choose. They are not sure what the difference is and what route to take. So what are the advantages and disadvantages of factoring receivables non-recourse? And is factoring receivables without recourse a good […]
Is a Purchase Order a Legal Contract?
What Makes a Purchase Order a Legal Contract? Is a PO Agreement Legally Binding? Understanding a Purchase Order versus a Contract when ordering Goods or Services. Purchase orders and contracts are legally binding agreements in business transactions. Understanding the differences between the two is crucial. This article provides definitions, differences, and information on purchase order […]
The Perception of Factoring by Entrepreneurs is Changing
Even the SBA Understands the Need for Invoice Factoring Is Factoring Invoices a Good Choice for Entrepreneurs? The 31 million Entrepreneurs in the USA need help to avoid becoming part of the 82% of businesses that fail due to poor financial management. What if we told you there is a fast funding source that requires […]
Invoice Factoring for Court Reporters
Cash Flow Solution for Court Stenographers Uncertainty in the financial system from recent bank failures, rising consumer debt, and inflation contributed to Goldman Sachs raising their odds to a 35% chance of a recession (NBC). With the growth in court reporters and remote depositions, being an independent government contractors or small businesses, need financial tools […]
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 […]
Invoice Factoring for Delivery Companies
Same-Day Delivery Company Invoice Financing Through Invoice Factoring, Delivery Companies get Working Capital Faster. There are over 1.2 million trucking companies delivering goods in the US. Many of these trucking companies met with a high volume of unpaid invoices on 30-90 day payment terms, creating gaps in cash flow. When faced with expenses such as […]