AR Factor Quote

Kris Koonar asked: Growing and emerging companies require immediate capital in order to facilitate their successful ventures. These start up companies often face a deficit of working capital needed for the smooth functioning of their daily operations as most of their capital is blocked in accounts receivables. In layman’s terms it means that the growing [...]

Richard Gilliland asked:
Accounts receivable is not only a nasty trap, but also creates a vicious cycle. Vendors that do not accept business credit cards, often agree to extending credit to their clients in order to retain their custom. Although this may be a necessary business practice, it does place unnecessary strain on the business’ [...]

Melissa Peterman asked: Does your business need money now? If you are a small or medium sized business, it’s likely you are looking in different places besides banks for quick cash. Besides small business loans and credit lines, venture capitalists also offer business factoring options, so you can keep your business running smooth.What is business [...]

Kris Koonar asked: Many owners of trucking companies often face a very tricky situation. They will have clients who do not pay their invoice before the credit period of 30 to 60 days, while at the same time being in constant need of finance to pay off different expenses. Truck driver’s wages, fuel, and maintenance [...]

Kris Koonar asked: Factoring is defined as a practice where you sell your receivables at a discount before they are due. Earlier, the term factoring was associated with industries such as garments. These days most of the factoring companies are willing to buy receivables from any industry. This has resolved many issues such as reduced [...]