Can EIDL Loans be Subordinated? Can an SBA Loan be Subordinated? Will the IRS Subordinate a Tax Lien to Bankers Factoring? You took a COVID-19 Economic Injury Disaster Loan (EIDL) loan and it helped but you need more working capital. How can you get more funding? The government has an EIDL loan subordination program so that […]
Tax Issues can derail any business. Here is where the owner-employees of Bankers Factoring discuss dealing with and getting funded even with tax issues.
Are Small Businesses Victims to MCA Loans? Is a Merchant Cash Advance Ever a Good Idea? Eighty-two percent of businesses fail due to cash flow issues. Cash flow problems happen your payables outpace your receivables. Accounts receivable factoring with Bankers Factoring provides an alternative to using expensive Merchant Cash Advances for payroll or cash flow […]
Business A/R Financing with Tax Problems Factoring Companies need your A/R Invoices Free & Clear to Fund You Prospective clients are sometimes surprised when a factoring company asks for copies of their latest IRS 941 or other tax documents like annual filings. Factoring prospects ask, “why do factoring companies ask for these documents?” The reason […]