Category

Factoring

FACTORS STEPPING INTO THE SHOES OF TRADE FINANCE BANKS
Factoring
October 22, 2018

FACTORS STEPPING INTO THE SHOES OF TRADE FINANCE BANKS

I am a Seasoned Banker that was trained in New York City. My first job was at Midland Bank from the U.K. that was later acquired by HSBC. Purpose of this article is to comment on the various products that have emerged…
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Factoring
September 19, 2018

Is Invoice Factoring Right For Your Small Business?

If your business, like many others, has outstanding invoices and slow-paying customers, you don’t have to be stuck without cash flow. Invoice factoring — selling unpaid invoices to a factoring company in exchange for immediate cash — could be the answer…
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FactoringFinance
February 27, 2018

Why do we have to pay a fee for paying off our loans?

Borrowing money is a very useful way to accomplish professional goals, pay off unexpected expenses, consolidate and pay debts, buy a car, a house, or whatever your heart desires. However, choosing the tenure that best works for you, may prove…
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Freight FactoringNews
February 23, 2018

Cargo Theft declining thanks to joint effort between truckers and law enforcement

Cargo Theft declining thanks to joint effort between truckers and law enforcement Cargo thefts have seen a steady decline since 2013, as more and more trucking companies are consciously addressing the issue by using smarter tactics and a strengthened law…
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Cash flow solutions for your trucking business
Freight FactoringFuel Card
February 20, 2018

Cash flow solutions for your trucking business 

Cash flow solutions for your trucking business  Why do businesses fail? According to a US Bank study, 82% of businesses fail due to poor cash flow management. Not because they cannot attract good clients or produce top quality goods or…
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How Can Freight Factoring Help Your Business?
FactoringFreight Factoring
February 19, 2018

How Can Freight Factoring Help Your Business?

How Can Freight Factoring Help Your Business? If you are running a trucking company whether it be one truck or fifty trucks, there is one thing you all have in common; waiting to get paid. In the transportation industry waiting…
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Invoice Factoring or Merchant Cash Advance?
Factoring
February 14, 2018

Invoice Factoring or Merchant Cash Advance?

Invoice Factoring or Merchant Cash Advance? We recently met with a distributor who, with back against the wall, is finding it difficult to decide whether to apply for a Merchant Cash Advance or sell its invoices to a factoring company.…
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increase your company’s working capital
Cash FlowFactoring
February 12, 2018

How to increase your company’s working capital

How to increase your company’s working capital The working capital of your company is the capital that your business uses to pay for the daily trading operations. It reflects a company's liquidity, efficiency, and overall health. Its most important components…
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Is factoring a line of credit?
Factoring
February 8, 2018

Is factoring a line of credit?

Is factoring a line of credit? Factoring also known as Invoice factoring is not a line of credit. It provides the funding needed for rapid growing companies by the sale of your company’s receivables (invoices) to turn them into immediate…
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Factoring
February 6, 2018

Why entrepreneurs and small companies should consider factoring

Why entrepreneurs and small companies should consider factoring Have you, as an entrepreneur and small business owner had difficulties in securing bank loans and credit lines or have you had to resort to private loans with high interest rates to…
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