Selling Invoices to Increase Working Capital Sell Your Accounts for Fast and Safe Cash Flow Selling Receivables Summary Receivable factoring is a form of business financing that eliminates cash flow funding issues for companies extending credit payment terms. Accounts receivable (A/R) factor financing also provides immediate cash funding for companies lacking cash reserves or working […]
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.
Invoice Funding through Factor Financing
What makes the Best Invoice Funder? Finance Your Business through A/R Factoring Invoice Financing to Overcome Cash Flow Constraints In 2021, 5.4 million new businesses were established, setting a record for startup companies (US Census Bureau). It is common for startup business owners to have cash flow struggles. Many small businesses struggle when extending credit […]
Credit Insurance versus Bad Debt Protection
Reduce Cash Flow Struggles with Non-Recourse (Bad Debtor Protection) Factoring Bad Debt Protection versus Credit Insurance Summary Bad debt refers to the number of unpaid accounts receivable (A/R) that a creditor must write off or take a loss for customer non-payment. Credit insurance provides coverage for a bad debt-related loss. And bad debt protection is […]
Factor Financing for Minority-Owned Companies
A/R Based Business Funding for Minorities Minority-Owned Business Financing Answers MBE Financing: Minority Business Development Agency (MBDA) MBE Funding Summary Financing minority-owned businesses is challenging for companies lacking strong balance sheets and cash flow. But minority business financing through invoice factoring provides an alternative funding facility for not-yet bankable businesses. By selling unpaid invoices to […]
What is a Notice of Assignment in Factoring?
Why is a Factoring Notice of Assignment (NOA) important when selling your A/R? What is a notice of assignment in factoring? It is a letter that informs the business owner’s customers of your relationship with a factoring company. The notice of assignment letter is the first communication between the invoice factor company and the account […]
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 […]
Machine Shop Factoring
Invoice Factoring for Machine Shops Cash Help with Slow Paying but Good Credit Machine Shop Clients How to Finance a Metal Working Machine Shop Machine Shop Financing Summary Machine company operations depend on timely cash flows, given their constant need for working capital. Costs increase quickly when machine shops cut raw metals and materials, increase […]
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 […]
Aerospace & Aviation Parts & Contractor Factoring
Aerospace Factoring to Alleivate Cash Flow Problems Supplier Financing for the Aerospace Industry Non-Recourse A/R Factoring for Aviation Contractors Aviation & Aerospace Company Invoice Factoring Summary Aviation company financing is needed as longer payment terms and slow paying customers rule the industry. Aircraft manufacturers, parts suppliers, and ground handling companies need more cash flow to […]