Non-notification factoring is a form of invoice factoring that minimizes interactions between the factoring company and your client. This enables clients to operate with fewer monitoring restrictions which makes the program more user-friendly. We can offer non-notification programs to select clients.
One of the main challenges for a company is getting a large purchase order but not having enough money to fulfill it. This scenario can be a problem for product re-sellers, wholesalers, and distributors that are growing too quickly.
Growth can bring problems to a business which comes surprising to many entrepreneurs because they think that all growth is good. But growing sales too quickly, or getting a single very large order, can create serious cash flow problems. These problems can cause permanent damage to your business if they are serious enough.
Peer-to-peer (P2P) lending has been gaining popularity as an alternate source of financing for individuals. Peer-to-peer lending can be used to finance small businesses and startups too. In this article we will outline the basics of peer-to-peer lending and its advantages and disadvantages.
Asset based loans have been gaining popularity in recent years. They offer a number of the advantages that you can expect from similar products, such as a line of credit. However, qualifying for an asset-based loan is a lot easier.
One of the greatest challenges of running a roofing company is that most clients and general contractors pay their invoices in 30 to 60 days. Having a delay this long can be a problem for roofers, since they cannot afford to wait up to 8 weeks for payment. Most roofing companies do not have a cash reserve or line of credit that allows them to cover expenses while waiting for customer payments.
Most established companies get payment terms from suppliers. This arrangement means they can buy goods or services while paying for them on net-30 terms. Clients demand terms from suppliers because it improves their cash flow. They get to use the supplier’s services or products for a few week before paying for them.
One of the first problems business owners’ encounters is finding money to start their small business. This process can be difficult and very frustrating for most people. What makes this process frustrating is a combination of wrong expectations and looking for money in all the wrong places.
If your small business supplies goods or services to large customers, supply chain financing is right for you. Supply chain financing is also commonly called reverse factoring, and it is a form of factoring in which the high credit of a large purchaser is substituted for the credit rating of a supplier to get a lower factoring cost to the supplier. This results in a win-win situation for both the buyer and supplier and each can use the cash for other operations. The buyer can optimize the working capital, and the supplier generates additional cash flow.