We offer cash advance rates of up to 97% -- exceeding industry norms by 20%. The typical maximum in the account receivable financing  industry is 70-80%. We can offer these great rates because of our unique and flexible combination of bank and private financing.
http://account-receivable-financing.org/receivablefinancing

http://www.account-receivable-financing.org/account_receivable/
 

 

 

 

In the account receivable financing business, volume is all important. The higher your volume(the dollar amount of invoices you factor), the more favorable your rates will be.

The factor will use the client profile you submit to determine if your business is suitable for account receivable financing. This process is simply the factor analyzing the risks versus the rewards, using the information you provided.

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Once approved, you can expect to negotiate terms and conditions. The negotiation process takes several aspects of the deal into consideration. For instance, if you want to factor $10,000, you can't expect as good a deal as a company that wants to finance $500,000.
http://www.freightbillfactoring.org/

http://www.factoringofaccount.org/
http://www.factoring-services.org/
http://www.factoring-companies.org/
http://www.account-receivable.org/
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http://www.invoicefactoringservices.org/
http://www.factoringtrucking.org/
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Our same day funding policy gets cash out to you within 12-24 hours. You have the cash when you need it, which will help keep your business moving.

Account receivable financing with us includes complete credit management services. We fully research new clients and, equally important, routinely check the credit ratings of your existing customers. As a part of the process you will also receive accounting, transactional details, aging reports and financial management reports which can be incorporated into your own sales tracking, account history and in-depth analysis.
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ACCOUNTS RECEIVABLE Financing COMPANY - Invoice factoring Firm. How Fees Are Computed Gross

July 9th, 2007

Invoice factoring Firm. How Fees Are Computed

Gross Invoice $10,000

80% = 8,000 advance

30 days = 3% = $300

20,000

80% = 16,000 advance

45 days = 4% = $800

A  factoring account receivables business firm tracks each invoice
individually to compute the  fee.
The factoring service company has one program
that applies the fees to each specific invoice
 contingent taking turn, and one more program
that charges a daily rate against the average daily balance.

This is similar to how recognition card companies charge interest.
 A receivable factoring firm’s typical daily rate is 1/10 of 1% per calendar day.

If the invoice factoring business firm  used the daily rate
to compute the above 2 invoices it would average (weighted by dollar amount)
which would be approx. 4% for each

 (30+45=75/2=37.5 then weighted by dollar whole amount.)

Every receivable loan business firm calculates its fees differently.
 Most all of them base fees on the gross invoice
 quantity (not net) and we do not pay for interest
on reserve balances.
 All receivable funding company’s vary on how they handle
 reserve releases as well. A receivable loan business firm
 approximately holds 10% in reserve and advances
90% to the client. The fees come out of the reserve.

The 1st week of each month the business factoring company
adjusts the reserve;then applies fees for the previous month and based taking the previous month’s collections.
The factoring services business cuts a check to our clients for any monies in the reserve over 10%, i.e.
they build the new month with 10% of the gross invoices outstanding in the reserve.

This is how the business factoring firm calculates the reserve releases for clients on the daily rate fee structure.

Clients on a fee per invoice (calculated individually established on the specific number
of days it took that invoice to financial remuneration) works like this:

   8,000 advance (10,000 x .8 )

+ 2,000 reserve

   -  300 fee

————

$1,700 reserve release 1st of month after collected

Some clients have no reserve

10,000 x 95% = 9,500

$500 fee

The  factoring invoices business also offer rebates

 if clients factoring company a certain dollar quantity in the

 month or if the average invoice turn is

less than a certain number of days.

Here’s a rebate example:

Flat 4% fee

90% advance

.5 rebate volume > $100 K / mo

1.0 rebate volume > $200 K / mo

.5 rebate average turn 40 days or less

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

Account Receivable Financing Services - Factoring. Who else wants to double their sales

July 9th, 2007

Factoring. Who else wants to double their sales

Unsteady cash flow is one of the main reasons firms crumble. Sooner or later, every business, even blossoming ones, have experienced unstable poor cash flow. Volatile cash flow does not have to be a quandary any more. Guess what — banks are not the only places you can get cash. Other remedies are available and you do not have to borrow.

What is factoring account receivables? One solution is called Receivable factoring. Invoice factoring is the act of selling accounts receivable to an investor rather than waiting to get the hard cash from the customer.

It’s rather odd Account receivable factoring has an ironic reputation: It is the financial backbone of many of America’s most blossoming firms. Why is this ironic? Because Receivables factoring is not taught in business colleges, is scarcely ever acknowledged in business plans and is thus far unknown to the majority of American business people. Yet it is a financial action that frees up billions of dollars every year, making it possible for thousands of businesses to succeed.

Receivable factoring has been around for thousands of years. Factors are finance companies that buy invoices at a discount.

An unpaid receivable or invoice has great value. It is a debt your customer has agreed to pay for in the near future.

Invoice factoring Principals Although Accounts receivable factoring deals entirely with business-to-business dealings, a mammoth percentage of the retail business uses a Receivables factoring principal. MasterCard, Visa, and American Express all use a form of Invoice factoring in their retail transactions. Using the purest definition of the word, these considerable consumer finance companies are really just jumbo factoring companies of consumer paper.

Just think about it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid almost immediately, even though you do not make pay forment until you are ready. For this concern, the credit card firm charges Sears a fee (typical fees range from two to four percent of the sale).

The advantages Invoice factoring can offer many vantages to cash-hungry businesses. Rather than wait 30, 60, 90 days or longer for payment on a product or concern that has already been delivered, a business can factoring company (sell) its receivables for cash at a small discount off the amount of the invoice.

Payroll, marketing efforts, and working capital are just a few of the business wants that can be met with this instant cash.

Accounts receivable factoring furnishes the instrument for a manufacturer to replenish inventory and make more products to sell: There is no longer a must have to wait for earlier sales to be paid in full. factoring receivables is not just a cash management medium for manufacturers: Almost any type of business can benefit from Account receivable factoring.

In the main, a business that carries credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much funds is tied up in 60 days’ worth of invoices: You cannot disburse the power bill or this week’s settleroll with a customer’s invoice, but you can sell that invoice for the cash to meet those obligations.

factoring accounts receivable is a quick and easy method. The factoring company buys the invoice at a discount, usually a few percentage points less than the face great value of the invoice.

The drawbacks

People feel the discount a small cost of doing business. A four-percent discount for a 30-day invoice is common. Compared with the tough proposition of not acquiring cash when you want it to operate, the four-percent discount is small. Look at the factoring company’s discount as though your business had offered the customer a discount for pay offing cash. It works out the same.

Businesses feel the discount the same way they analyze a sales price: It is simply the cost of generating slow cash flow, much like discounting merchandise is the cost of generating sales.

factoring accounts receivable is a means used by a variety of firms, not just those who are small or struggling. Many businesses invoice factoring company to reduce the overhead of their own accounting department. Others use Account receivable factoring to generate cash, which can be used to multiply marketing efforts and enhance production.

Why Account receivable factoring Appeals to the Set. factoring account receivables is especially appealing to young and speedily expanding companies. Since the method shortens their business cycle, these firms can grow faster. The ability to make more products to sell while waiting for invoices to be cash is king-sizely eliminated. Such businesses usually net much more profit with factoring accounts receivable than without, even when the discount is deduceed.

factoring receivables vs. Bank Loans So, why not simply go over to the gracious banker for a loan to alleviate uneven cash flow predicaments? A loan can be difficult if not impossible to receive, especially for a fledgling, high-swelling operation, because bankers are not presumed to decrease lending restrictions soon. The affiliations between businesses and their bankers are not as strong or as dependable as they used to be.

The impact of a loan is much different than that of the Receivable factoring technique on a business. A loan places a liability on your business balance sheet, which costs you interest. By contrast, factoring invoices puts moneys in the bank without the creation of any obligation. Frequently, the factoring receivables discount will be less than the current loan interest rate.

Loans are mammothly dependent on the borrower’s financial good condition, whereas factoring receivables is more interested in the stability of the client’s customers and not the client’s business itself. This is a real plus for new firms without acknowledged track records.

There are many positions where Receivable factoring can help a business meet its uneven cash flow necessities. It produces a continuing source of operating capital without incurring financing, which can result in swelling opportunities that dramatically build the bottom line. Essentially any business can benefit from Accounts receivable factoring as part of its overall operating philosophy.

Every first-rate businessperson must have information about the concept and assets of Receivable factoring to run a profitable business.

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

ACCOUNT FACTORING RECEIVABLES USA - Tractor Trailer Position (geebo)

July 2nd, 2007


…years experience in the following: *Account Management Cash Application Lotus 1-2-3…Settlement Agreements Internet Trinity *Account Reconciliation Research & Analysis…communications that serves borrowers financing needs. .Achieve customer satisfaction…appointments on Fridays (open doors) to Account Executives on lender programs for Loan…Products), Orlando, FL. 2000-2002 Account Receivable /Collection Analyst *Manage a collection…

Collections Supervisor (CareerBuilder)
…verify all agency bill open receivable balances are addressed…reports submitted related to Account Receivable, Collections and Financing, prepare and review monthly open direct bill receivable reports, make regular follow…1948, Robert Half Finance & Accounting pioneered financial recruitment…

Product Logistics Coordinator (Forsythe Technology, Inc.)
…design to integration, management, and financing. Our employees are highly motivated…for specifically assigned internal Account Managers. Obtains and reviews…requested information/documentation. Accounting reports reconciliation, Accounts receivable collection issue, auditor requests…

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

Account Receivable Financing Services - Black Box Corporation Reports Preliminary Fourth Quarter and Fiscal 2007 Results (Business Wire via Yahoo! Finance)

July 2nd, 2007


PITTSBURGH—-Black Box Corporation today reported preliminary results for the fourth quarter Fiscal 2007 ended March 31, 2007. The financial information included in this press release is preliminary and subject to change as described in “Review of Stock Option Practices” below.

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

ACCOUNT RECEIVABLES FACTORING - Credit & Collections Representative (CareerBuilder)

June 29th, 2007

…customer master in SAP. Sets up new accounts in SAP & prepares new account file. Maintains and updates credit files-L/C, UCC and third party financing (flooring). Analyzes and reviews…credit risk and worthiness of new accounts and existing account base. Collection…Primary Skills: SAP; AR; Accounts Receivable; Credit; Collections Job Industry… Read More Account Receivable Financing…

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

FACTORING ACCOUNT RECEIVABLES AVAILABLE - Factoring account receivables history What is factoring. Aside

June 25th, 2007

Factoring account receivables history

What is factoring. Aside from if you own a business, look forward to creating one or are looking for new financial provisions for your current employer, Accounts receivable factoring can help you gain your financial goals.

Account receivable factoring has the paradoxical distinction of being the financial mainstay of many of America’s most auspicious businesess. Why paradoxical? Because Receivable loan is not taught in business colleges, very seldom acknowledged in business plans and is merely unknown to the majority of American business people,yet it is a financial technique that frees up billions of dollars every year, endowing thousands of firms to flourish and prosper.

Factoring loan is the act of buying commercial accounts receivable(invoices) from a business at a discount. Business practices today direct that in order to get business you, as a provider of goods and services, must administer terms to your customers.These terms can crush the life(and cash is the lifeblood of any business) out of a new or cornered firm. Account receivable factoring has a way and rich tradition, dating back 4,000 years to the days of Hammurabi. Hammurabi was the king of Mesopotamia, which gets esteem as the “cradle of civilization.” In addition to myriad other things, the Mesopotamians first developed writing, put structure into business code and government regulation, and came up with the conceptualization of factoring accounts receivable.

Ultimately, Hammurabi and the Mesopotamians went the way of extinct civilizations, but Factoring loan endured. Pretty near every civilization that valued commerce has practiced some brand of Account receivables loan, including the Romans who were the first to sell actual promissory note at a discount. The first wide-extended, documented use of Receivable funding developed in the American colonies before the revolution. Amid this time, cotton, furs and timber were shipped from the colonies. Merchant bankers in London and other parts of Europe transferred funds to the colonists for these raw materials, before they obtained the continent. This allowed the colonists to keep up to harvest their new land, free from the burden of waiting to be cash by their European customers.

Be informed that these were not banking affiliations as they show themselves today. If the colonists had been forced to use modern banking services in eighteenth century England, the mode would have been much slower. The banks would have waited to fetch from the European buyers of the raw materials before paying the seller of these goods, the colonists. (And at that point, who needed the bank?) This was not practical for anyone affiliate. So, just as today, the “factors” of colonial times made advances against the accounts receivable of clients, letting the clients to proceed with with their operations, way before they had been cash for what they were sold.

With the attainment of the Industrial Revolution, Receivable loan became further focused taking the issue of credit, although the basic premise remained the same. By helping clients in determining the creditworthiness of their customers and setting credit limits, factoring companies could actually guarantee payment for approved customers.This is known as factoring account receivables without recourse(or non-recourse Accounts receivable loan)and is quite conventional in business today.

Antecedent to the 1930’s, Invoice discounting in this country transpired largely in the textile and garment industries, as the industries were direct descendants of the colonial economy that used Accounts receivable factoring so specifically. after the war years, invoice factoring companies saw the potential to bring Factoring invoices to other forms of invoice-based business and the expansion began.Today, invoice factoring companies exist in all shapes and sizes: as divisions of large financial institutions or, in greater numbers, as individually owned and operated entreprenurial endeavors.

Many of these private factoring companies vaulted up in record numbers as interest rates rose to new heights in the 60’s and 70’s. This trend intensified in the 80’s, dominantly due to the increasing impact of interest rates and changes in the banking industry. With banks becoming too expensive and too unalterable due to heavy regulation(remember the Savings and Loan crisis?), the small businessperson was forced to buy other sources of financing for expansion and expansion. As extra and additional banks stop befriending the small bussinesperson, factoring accounts receivable is becoming an increasingy well-liked option.

Businesses, this year alone, thousands will use invoice factoring companies. many see it as a move to more growth and profitability.

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

Account Receivable Financing Company - CV Technologies-Maker of COLD-fX(R)-Files Restated Financial Statements for Fiscal 2006 and First Quarter of Fiscal … (CCNMatthews via Yahoo! Finance)

June 25th, 2007


EDMONTON, ALBERTA– - CV Technologies Inc. today released restatements of its previously reported consolidated financial statements for the year ended September 30, 2006 and interim consolidated financial statements for the three month period ended December 31, 2006.
Source: biz.yahoo.com

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

ACCOUNT RECEIVABLES FACTORING - Accounts receivable factoring Business. How Fees Are Computed

June 23rd, 2007

Accounts receivable factoring Business. How Fees Are Computed

Gross Invoice $10,000

80% = 8,000 advance

30 days = 3% = $300

20,000

80% = 16,000 advance

45 days = 4% = $800

A  factoring receivables company tracks each invoice
individually to compute the  fee. The receivable funding company has one program
that applies the fees to each specific invoice
 founded using turn, and a different program
that charges a daily rate against the average daily balance.

This is similar to how credit card companies charge interest.
 A receivable funding business firm’s typical daily rate is 1/10 of 1% per calendar day.
If the account receivables loan business  used the daily rate
to compute the above 2 invoices it would average (weighted by dollar grand total)
which would be approx. 4% for each (30+45=75/2=37.5 then weighted by dollar sum.)

Every business factoring firm calculates its fees differently.
 Most all of them base fees on the gross invoice
 tally (not net) and we do not settle interest
using reserve balances.
 All receivables factoring company’s vary using how they handle
 reserve releases as well. A invoice discounting company
 largely holds 10% in reserve and advances 90% to the client.
The fees come out of the reserve.

The 1st week of each month the receivables loan business adjusts the reserve;
then applies fees for the previous month and predicated
using the previous month’s collections.
The  factoring accounts receivable firm cuts a check to our clients
 for any monies in the reserve over 10%, i.e.
they originate the new month with 10% of the gross
invoices outstanding in the reserve.

This is how the  factoring invoices firm calculates the
 reserve releases for clients on the daily rate fee structure.
Clients taking a fee per invoice (calculated individually dependent taking
the specific number of days it took that invoice to pay off) works like this:
 8,000 advance (10,000 x .8 )
+ 2,000 reserve
   -  300 fee
————-

$1,700 reserve release 1st of month after collected

Some clients have no reserve

10,000 x 95% = 9,500

$500 fee

The receivable factoring company also offer rebates
 if clients factor a certain dollar whole amount in the
 month or if the average invoice turn is less than a certain number of days.

Here’s a rebate example:

Flat 4% fee

90% advance

.5 rebate volume > $100 K / mo

1.0 rebate volume > $200 K / mo

.5 rebate average turn 40 days or less

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

ACCOUNTFACTORINGRECEIVABLESUSA - Invoice Factoring-What your competition does not want you

June 20th, 2007

Invoice Factoring-What your competition does not want you to know

Regardless if your business is in commercial paving services or a staffing company placing hundreds of workers in the largest firms, you undoubtedly face cash flow holes from time to time. Inconsistent cash flow frustrates even the most seasoned business business owners.

Lately, an increasing number of businesses have discovered that Invoice factoring can combat the ups and downs of irregular cash flow cycles. More importantly, Invoice factoring companies are providing the small business community with a possible source of working capital when commonplace financing is not always an option.

Presently, several billion dollars in account receivables are factored in the United States each year.

Historically, the bulk of Invoice factoring was predominately in the textile, furniture and apparel industries. Today, Factoring account receivables companies are working with all types of industries, including: manufacturers, service providers, transportation businesses and high technology businesses. As growing businesses continue to prosper, suppliers and contractors are searching for new sources of working capital to accommodate gaind sales volume.

The overall pump up in Invoice factoring volume is mainly attributed to the credit crunch in the late 80s. As the immediacy of bank commercial credit tightens, more businesses look towards next best thing sources of financing to achieve growth.

Factoring companies can help those businesses that banks often find difficult to approve such as start-up businesses whose growth outstrips cash. The primary focus in a Factoring relationship is the credit-worthiness of the customers being invoiced and the client’s ability to produce a quality product or service. Simply put, if the firm has an adequate product or service that it provides to a creditworthy customer then the business is a candidate for Factoring account receivables.

The point is that most businesses share a common bind during periods of rapid growth of incoming orders draining cash flow. Factoring account receivables not only provides immediate cash but, efficient companyes also use it as a tool to pump up profit margins:

1. You receive Early Payment Discounts - Enjoying access to cash enables businesses to save on average 2% by taking advantage of early payment terms offered by suppliers. The points saved by reducing raw materials costs helps to offset the Factoring fee.

2. Take advantage of Volume Discounts - Acquiring cash also enables businesses to buy raw materials in greater volume. This saves money and directly impacts the bottom line.

3. Reduce Late Payment Penalties and Interest Charges - Possesing immediate cash on hand to pay current debts as they become due eliminates late charges from suppliers and other creditors.

4. Meet obligations on Time - Paying vendors on time helps to build up a solid credit track record and allows for increased future credit limits from vendors as well as financial institutions.

5. Offer Credit Terms to Customers - Offering credit terms to customers is a common way to pump up sales by making it “easier” for customers to buy. Possesing financial backing to carry accounts receivable is essential if a business wants to be able to follow through on its commitments. Reputable Invoice factoring companies encourage “managed” growth by consulting with clients regarding exposures and other risks when taking on new credit accounts.

The difference between Factoring account receivables and other sources of financing is that the factoring company actually purchases and tracks commercial invoices. In addition to providing immediate cash on invoices, the factoring company performs valuable credit analysis on new and existing customers and conducts professional, routine follow up on invoices as they become due.

For the business manager who spends a good portion of the day collecting, bookkeeping and searching for capital, the entire Invoice factoring package offers peace of mind. The manager can actually focus on important aspects of the company that are often pushed aside, such as marketing and production.

Depending on the agreement, businesses can pick and choose which invoices they wish to sell to the factor, who immediately advances eighty percent or more of the face value of the invoices. The balance of the funds, less the discount fee, is released once the invoice is collected.

The cost of doing business with a Invoice factoring company is the discount taken on the invoices submitted for funding. Invoice factoring fees vary, depending on volume, credit-worthiness of the customers sold and overall risk. The discount taken is best compared to a merchant accepting a Visa or MasterCard transaction and receiving immediate payment, less a percentage or discount, before the actual cardholder has paid his or her monthly statement.

Starting a Factoring account receivables relationship is quick and easy in comparison to other forms of financing. Applications simply call for basic business firm information and a customer list. Years of profitability are not required which makes Factoring account receivables an option for startups generating receivables. It is possible that funding can occur in as little as a couple of days after the receipt of the application and invoices.

Each invoice factoring company operates slightly different. You need to understand which programs provide the greatest benefits and at the least cost. Several criteria should be addressed when searching for a reputable factor. Are there setup fees, maintenance fees or penalty fees? Is there a long term contract? Are there monthly minimums? Does the factor provide credit and collection services at no new charge? What accounting reports will the factoring company supply? What value-added services does it provide?

Most firm bankers are a good referral source for reputable Factoring businesses. Bankers refer to Factoring companies because they realize that although the customer may not be bankable at the time of the referral, very quickly they it could be a possible candidate for everyday financing. As a short term financing solution, Factoring account receivables invoice factoring relationships generally run from 6 months to a three years or more.

Companies wanting to grow, despite a lack of long-established financing options, find that Invoice factoring not only offers cash but also a solid base from which to expand. They look to a future of managed growth and profitable performance that will allow them to grow.

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
Please Click Here for More Reasons To Choose Our Services.
http://www.account-receivable-financing.org

COMMERCIAL ACCOUNT RECEIVABLES FACTORING - Invoice factoring history Welcome to factoring. Leaving aside

June 18th, 2007

Invoice factoring history

Welcome to factoring. Leaving aside if you own a business, look forward to establishing one or are looking for new financial apparatuses for your current employer, Receivables funding can help you gain your financial goals.

Accounts receivable factoring has the ironic peculiarity of being the financial sustainer of multitudinous of America’s most successful businesess. Why paradoxical? Because Accounts receivable loan is not taught in business colleges, seldom if ever mentioned in business plans and is more or less unknown to the majority of American business people,yet it is a financial mode that frees up billions of dollars every year, endowing thousands of firms to build and prosper.

Accounts receivable loan is the action of buying commercial accounts receivable(invoices) from a business at a discount. Business practices today mandate that in order to get business you, as a provider of goods and services, must extend out terms to your customers.These terms can close off the life(and cash is the lifeblood of any business) out of a new or boxed in business. Accounts receivable factoring has a way and rich tradition, dating back 4,000 years to the days of Hammurabi. Hammurabi was the king of Mesopotamia, which gets importance as the “cradle of civilization.” In addition to various other things, the Mesopotamians first developed writing, put structure into business code and government regulation, and came up with the concept of Factoring services.

Eventually, Hammurabi and the Mesopotamians went the way of extinct civilizations, but Factoring service endured. Most every civilization that valued trade has practiced some brand of Factoring, including the Romans who were the first to sell actual promissory note at a discount.The first voluminous, documented use of Factoring loan ensued in the American colonies before the revolution. All through this time, cotton, furs and timber were shipped from the colonies. Merchant bankers in London and other parts of Europe administered funds to the colonists for these raw materials, before they makeed the continent. This enabled the colonists to never cease to harvest their new land, free from the burden of waiting to be paid in full by their European customers.

Know that these were not banking affiliations as they exist today. If the colonists had been bound to use modern banking services in eighteenth century England, the operation would have been much slower. The banks would have waited to gather in from the European buyers of the raw materials before paying the seller of these goods, the colonists. (And at that point, who needed the bank?) This was not practical for anyone concerned. So, just as today, the “factors” of colonial times made advances against the accounts receivable of clients, letting the clients to carry through with their operations, long before they had been paid in full for what they were sold.

With the advent of the Industrial Revolution, Accounts receivable factoring became extra honed in on the issue of esteem, although the basic premise remained the same. By servicing clients in determining the creditworthiness of their customers and setting credit limits, factoring companies could actually guarantee payment for approved customers.This is known as Invoice factoring without recourse(or non-recourse Factoring loan)and is quite usual in business today.

Ahead of the 1930’s, Receivables funding in this country manifested predominantly in the textile and garment industries, as the industries were direct descendants of the colonial economy that used Accounts receivable loan so specifically. after the war years, factoring companies saw the potential to bring Factoring service to other forms of invoice-based business and the expansion began.Today, invoice factoring companies exist in all shapes and sizes: as divisions of large-scale financial institutions or, in greater numbers, as individually owned and operated entreprenurial endeavors.

Multitudinous of these private invoice factoring companies vaulted up in record numbers as interest rates rose to new heights in the 60’s and 70’s. This trend intensified in the 80’s, first due to the increasing impact of interest rates and changes in the banking industry. With banks becoming too steep and too unpliable due to heavy regulation(remember the Savings and Loan crisis?), the small businessperson was coerced to make happen other sources of financing for expansion and ripening. As further and additional banks stop befriending the small bussinesperson, Account receivables loan is becoming an increasingy celebrated option.

Year after year, more companies growth and profitability is because of accounts receivable factoring.

Businesses Choose Us Again and Again for their Account Receivable Financing Is Account Receivable Financing For You? The key to knowing if factoring is for you is to not to look only at the bottom-line accounts receivable financing fee, but also to consider how your company may increase it’s profits through Account Receivable Financing .
We provide businesses nationwide with hundreds of millions of dollars annually.
We have been providing invoice Account Receivable Financing services nationwide for decades and have clients in hundreds of industries. Including financing for Health Care Staffing
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