Help Paying Employees on Time with Payroll Financing Steps to Take to Make Payroll, Retain Employees, and Sleep at Night Payroll Financing Summary Companies that have payroll financing issues are common with outstanding accounts receivable (A/R) and slow-paying customers. Cannot make payroll? Payroll funding through factoring finance turns unpaid A/R invoices into fast cash flow […]
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.
EIDL, SBA Loan & Tax Subordination Agreements with BF
What is an SBA Subordination Agreement? Can EIDL Loans be Subordinated to a Factoring Company? 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 from the Small Business Administration or SBA, and it helped, but you need more working […]
Are Merchant Cash Advances a Scam?
Are Small Businesses Victims of 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 […]
Why Do Factoring Companies Ask for Tax Documents?
Business A/R Financing with Tax Problems Factoring Companies need your A/R Invoices Free & Clear to Fund Your Business. 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 […]