factoring company
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Creative Capital Associates, Inc. > Blog > factoring company
- By CCA
Customer Credits Drive Funding Availablity
One of the best parts of receivable factoring is the ability to grow a company and not be hampered by …
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Managing Customer Perceptions
This comes up less often than in the past, concern about the perception of receivable factoring by business owners. They …
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Invoice Factoring – How It Works
Many small businesses who are finally awarded a long sought after commercial or government contract have the dilemma of how …
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Factoring Fee vs Annualized APR
There is a distinct and real difference between a Factoring Fee and an Annual Percentage Rate when discussing the price …
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Commercial vs Consumer
Factoring is primarily a B2B (business to business) financing mechanism. This is largely due to the way the legal system handles a consumer transaction as opposed to a business transaction.
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Pre-Billing Not Acceptable
Submitting an invoice to be factored by the factoring company prior to the work being done is called pre-billing.
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Is it done yet?
the work must be completed and accepted. Whether you provide a service or sell a product, the customer has to be fully satisfied with the transaction. A factor cannot extend credit on unfinished business. By assigning the proceeds of an invoice to the factoring company you step out of the collections loop.
- By CCA
Factoring Relationship
In many cases there is daily contact with the factor, or in other cases the factoring client is depending on weekly payroll funding.
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