Looking at the Financing Landscape In the Year Ahead - and Beyond

Though we are now nearly four years past the official end of the Great Recession, obtaining credit remains challenging for many small and mid-sized businesses. This is especially true for businesses that have experienced difficulties such as a drop in revenue, or those with inadequate capital structure to support their cash flow.

The (R)evolution of Factoring

Factoring was a hot topic at the Annual Conference of the Association of Financial Professionals this past November in San Antonio, Texas. Sarsha Adrian, a senior consultant with Graber Associates, led a lively discussion on what she calls “the (r)evolution of factoring” over the past couple of years.

“Factoring has evolved considerably, especially over the last 18 months or so, and there are many nuances you need to understand,” notes Adrian. “Factoring today is far more than just selling invoices at a discount.”

Looking at Factoring in a Whole New Light

In the post-financial-crisis world in which we now live, most business owners and entrepreneurs view commercial financing in a completely different light than they did before. With traditional bank loans getting harder to obtain, many owners have had to look “outside the box” for the capital they need to sustain and grow their firms.

Outsource Your Accounts Receivable Management With Factoring

One of the biggest business trends of the past 20 to 30 years has been the move toward outsourcing.

There was a time not so many years ago when most companies handled almost all business functions internally themselves: payroll, hiring, human resources, financials, accounting, IT, etc. Well, do the names ADP, Paychex, Randstad, or Tatum ring a bell? Each has become a leader in providing specialized business services for companies on an outsourced basis.

Factoring: A Viable Alternative to Venture Capital

In today’s difficult credit environment, companies are turning over every stone and looking in every nook and cranny in their efforts to obtain the financing they need to grow and prosper.

Skip Green sees it first-hand. The founder and president of Alden Green, Associates in Oakville, Ontario, has been helping companies obtain financing for nearly two decades. The primary financing tools Green recommends are venture capital, private or angel financing, government guaranteed loans and grants—and factoring.

Accounts Receivable Factoring: It’s More Than Just the Money

The concept of “core competency” refers to the things done by a business that lie at the heart of its ability to manufacture a product or deliver a service. They are strengths relative to other organizations that are not easily imitated and that can be leveraged across different products and markets.

How Factoring Services Can Help You Take Advantage of Discounts

In many industries, an important cash flow strategy is to take advantage of what are often referred to as early pay discounts, or “2/10, net-30 discounts.” Such discounts allow companies to subtract 2 percent (and sometimes more) from the invoice amount if it is paid within 10 days instead of the normal 30.

These discounts can really add up, especially for companies with thin profit margins. The challenge for many companies, however, is managing their cash flow system in a way that enables them to take advantage of these discounts on a regular basis.

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