One of the first questions we ask someone who wants to use factoring is, â€œdo you currently have a bank loan?â€ Most of the time itâ€™s â€œnoâ€ and there should be no impediments to setting up an invoice financing facility. But if the answer is â€œyesâ€ then we have to ask, â€œwhat is the bank [...]
Archive for November, 2005
Had a discussion today with Luminary Investment Services. They can finance any type of contract where there is an unconditional payment stream (meaning guaranteed) between two companies, where the company making payments is an investment grade firm. If the payor will independently sign-off on making multi-year payments, the vendor can finance a large chunk of [...]
There are important considerations concerning your business model that might make it easier to get invoice factoring. How you structure your deals with customers is more important than you might think. Just a slight change on how you offer your services could alter getting or not getting financing on the receivables. For example when initially [...]
Geared for the east coast, the Virginia Center for Innovative Technology has a monthly digest of early stage funding events and organizations who are providing capital to emerging technology companies. From Atlanta to Boston plenty of places to sell your idea. This month’s digest is here. Sign up for their monthly email digest here.