purchase order financing Archives

Boost Your Cash Flow With Account Receivables

Account receivables factoring, or invoice factoring, is one of the oldest forms of financing.Â Businesses have used this type of financing for nearly 500 years as a form of cash flow. It is used by many types of businesses, including service industries, retailers and health care companies. Interest in invoice factoring has increased, according to theÂ Commercial … Continue reading “Boost Your Cash Flow With Account Receivables”

CIT Bankruptcy Filing Highlights Importance of Factoring

News that factoring giant CIT Group Inc. filed for Chapter 11 bankruptcy protection rocked the finance industry, but the fundamentals haven’t changed: FactoringÂ remains a lifeline for mid-to-small businesses around the world. Account receivables factoring, or invoice factoring, is one of the oldest forms of financing.Â Businesses have used this type of financing for nearly 500 years. … Continue reading “CIT Bankruptcy Filing Highlights Importance of Factoring”

Financing Purchase Orders With Factoring

Your company has just landed a large government contract. Now what? If you’re like most small businesses, you might think that a largeÂ contract with a state or federal agency could be the answer to your prayers. But it could be an absolute nightmare, if you don’t have the capital to cover purchase orders and … Continue reading “Financing Purchase Orders With Factoring”