Factoring is an industry with a ton of customers and a bad reputation. Plenty of industries are seen as necessary evils—my own marketing and advertising is often painted as a pile of propagandists and ...
It is not uncommon that companies with cash flow problems or those that have a desire to be paid on expedited terms assign their accounts receivables as collateral for a secured loan or they factor ...
Opinions expressed by Entrepreneur contributors are their own. Having trouble getting a loan for your business? Considerfactoring your accounts receivable instead. A factor works by providing a cash ...
Make a plan for accounts that don't pay on time so you don't get stuck holding the bill The very best accounts receivable (A/R) financing is to have your trucking business fully capitalized so you can ...
When businesses need short-term operating capital, banks and asset-based lenders may seem like the only viable sources of cash. But there’s another source, albeit a more expensive one. Factoring ...
You may remember The Receivables Exchange, or TRE, which we covered in our January 2008 issue. Well, TRE finally got up and running late last year, and companies with more than $1.5 million in annual ...
Cash flow is a constant challenge for lower-tier subcontractors and suppliers in the construction industry. Engaging in factoring—the assignment of accounts receivables to third-party lenders or ...
Please read our disclosure at the end of this entry. All figures in CAD unless noted otherwise. This is our fourth in a series of entries on CGI Group, Inc. ( GIB). We remain short CGI stock. We refer ...
IN ONE of the many by-products of Slovakia's entry to the European Union, more and more firms penetrating new EU markets are turning to external specialists to provide credit insurance and to help ...
Fashion accessory manufacturer Worldwide Dreams had a bank line of credit for most of the 35 years the company has been in business. Then the credit crisis erupted in 2008 and the company's bank, ...