All B2B companies deal with waiting 30 to 60 days to get paid on their invoices. Providing credit to buyers is ‘par for the course’ in most markets. This is fine for larger companies that can afford to wait it out, but small and mid-sized companies can be hurt by waiting so long for payment. Worse yet, smaller businesses usually have limited or no access to traditional bank loans to help make ends meet.
Why should a business with tight cash flow be extending credit? It makes no sense. The secret is: you don’t have to. Read more…
Factoring is very different from “traditional” lending. It is definitely more expensive but with the expense comes added flexibility and services that other types of lending cannot match. So this leads to the question: When is it a good time to switch to other types of financing? Read more…
There are business forums all over the internet, full of people with good ideas that just need funding to get off the ground. Most are hoping for an angel investor to come and provide them with the funding they need. Angel investors are good because they can be utilized no matter what the industry business is in; it is the “one-size-fits-all” financing method. However angel investors are hard to come by and are not the only way to secure funding. There are many creative ways to fund businesses that are unique to a particular businesses model. Knowing what types of financing are available may help you receive the funding you are looking for.
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A quick search of the internet will reveal that there are numerous factoring companies to choose from. However, it is wise to take a closer look at some of these “factoring companies” discovered online as a good number of them are not actually lending institutions but rather middle men that will sell your information as leads to real factoring companies. Factor Direct Capital is a trusted factoring company as well as a direct source of funding. Find out more about our services by visiting www.factordirectcapital.com
Managing inventory is supremely important to the finances of distributers. Inventory is a form of working capital and businesses with large inventories need to make sure that their money is not sitting idle for too long. The faster they get their money out of the inventory the better. This is where the use of a factor can help. A factor will give you money TODAY for your net 30 days invoices. This will free money from inventory 30 days sooner, giving distributers and other B2B organizations the working capital they need to prosper.
Working capital management can be difficult for a business when they provide net 30 days terms for their work. This means that you business is out of precious working capital for 30 days or longer. This can be a problem for small businesses as it puts a strain on their cash flows. However Factor Direct Capital can help as we are the trusted cash flow partner for businesses in the Los Angeles area and throughout California. Our account receivable financing options provide businesses with the working capital to make their business grow.
The hardest part about starting a new business is finding funding. Venture capital or angel investors tend to be a long shot. Bank loans are often out of the picture unless you have equity in an asset, such as a home, and are willing to risk losing that asset. However, entrepreneurs with enough drive can figure out a way to make it work. Factor Direct Capital provides creative financing options that are tailored for specific types of businesses. For upstarts that are in the B2B market, our invoice factoring services might be a creative financing method that helps your business get off the ground. This service is great for upstart businesses because it allows them to leverage the credit of their customers to receive the funding they need.
For more information on our invoice factoring services call 888-250-5537
Invoice factoring is a method of financing that involves the selling invoices to a third party “factor.” By selling the invoices the seller receives immediate cash for the value of the invoice rather than having to wait for the invoice to be paid by the customer. This provides timely money to increase working capital or meet obligations. Factor Direct Capital provides factoring services for businesses throughout California. Call 888-250-5537 to see which services are right for your business.
Factor Direct Capital is the trusted cash flow partner for businesses throughout California. We provide customized cash flow services so businesses can receive the money they need. If your business needs extra money for meeting payroll, fulfilling tax lien, purchasing new equipment, investing in machinery, buying raw material, etc. Factor Direct Capital can provide you with the cash flow assistance.
Call Factor Direct Capital at 888-250-5537 for more information.
An advantage to accounts receivable factoring is that the funding is based primarily on the credit of the customers you do business with. This is because the accounts receivable factoring company will be taking payment directly from the business that owes the money on the account. This also means that the accounts receivable funding that gets received does not need to be paid back as your customers pay the bill.
To Find out how Factor Direct Capital’s accounts receivable factoriong service can help your business, call 888-250-5537
