On first blush, selling accounts receivables may look like just another flavor of lending. However, it is actually subtly different. With accounts receivable financing, a company is paying for faster access to their own cash. With AR purchasing, there is a transfer of ownership. Under the agreement, a finance company purchases accounts receivable or factors […]
Read moreEvery factor claims that accounts receivable factoring rates are comparable to standard bank loans. But, we all know that interest rates of bank loans are a function of interest rates set by the Federal Reserve, the amount of time required to pay it back and the strength of the business as well as its owner. What affects […]
Read moreYour billable hours look great. The problem is, your clients are taking their time paying their invoices. Meanwhile, your business is suffering from a lack of operating funds. Sound familiar? If so, and if your business is in the growth phase, then it might be worth considering Accounts Receivable Financing. Accounts receivable financing, or invoice factoring, […]
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