Accounts Receivable (A/R) Factoring Accounts Receivable Factoring is a form of Asset-Based Financing that helps a company gain access to capital through advances against their customer invoices. A/R Factoring Companies can provide high advances and competitive rates. They can deal with most markets/industries and can work diligently to set up your access to funds rapidly. …
Preparing for Business Loans While the application procedure for getting a commercial loan is rather straightforward, there are a number of steps to take ahead of completing your loan application. In order to increase the odds that a loan provider accepts your request for financial assistance, consider doing the following. Research Several Loan Providers There …
Collecting Overdue Accounts Receivable Corporations need to develop the right knowledge and processes to manage the problem of collecting overdue accounts receivable successfully. The failure to prevent and deal with non-paying customers has a devastating impact on small businesses. A company can experience the inability to succeed in circumstances where cash fails to be collected …
What is Asset-Based Financing? The majority of Asset-Based Loans are structured to operate like either a credit line or a term loan. The actual structure is based on the underlying assets that your company can select to fund. Businesses can generally finance four kinds of commercial assets: accounts receivable, inventory, machinery, and equipment. What are …