When factoring invoices for working capital the entire process revolves around the account debtor or “customer” making their payments directly to the factoring company. The way this usually works is; first you submit info about a potential customer to the factor who finds credit history to determine whether the account is able to be financed. [...]

Anthony Freed writing at Infosec Island on security issues reviews a free white paper by Greg George of GTI Advisors;
If your organization approaches due diligence as a measure of the minimum effort and expense required to satisfy conventional norms, your organization is woefully unprepared to navigate the complicated legal and security-related pitfalls of a rapidly [...]

Most invoice factoring companies are limited to purchasing invoices that never age more than 90 days. Accounts receivable financing typically is for businesses that issue 30 day net term invoices and have a history of getting paid in a timely manner. A business model that allows for bi-annual or annual payments may not be a [...]

Finding money from a factoring company is just like trying to make a sale. You have to convince the buyer that your company is worthwhile. To do this requires putting the extra effort into explaining who you are, what your company is about, and why it would be a good idea to buy from you.
When [...]

Like all other types of commercial credit, with receivables factoring, as a business owner you are rewarded when the company is well run and organized. When a business is seeking accounts receivable financing, if their accounting is current, the profit margins are known, the personal background is clear, and the company has good credit [...]

As a business owner looking for help financing part of your business, it is important to understand the fundamental differences of a bank line of credit and a term loan. They are used specifically for different purposes. Applying for the wrong type of loan may cause problems later on as the business grows.
A line of [...]