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Casual Articles - The Growing Factoring Factor
Teach Your Site to Sell e industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today.Internet Sales is No Different It is just a different sales venue. Not many years ago the word internet was a small blip on the radar. Now it is one of the dominant forces in our lives. Think of where you go for information. Right where you are now, at your computer. Even Grandma knows how to send email. The children of today will never imagine a world without the internet. There are thousands of people who have built a successful sales business on the in Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional s Oprah! How to Appear on The Oprah Winfrey Show "We have plenty of business, but what we really need is cash to run our business!"Do you dream of being on Oprah Winfrey's television show? Lots of people do. An appearance on Oprah is considered by many to be the pinnacle of success. Authors dream of having bestselling books as a result of an Oprah appearance. Even David Letterman staged a long-running bit on his show where he openly campaigned to be invited on Oprah's show.Before pitching your story to Oprah, become familiar with how the show is structured. Oprah changes the show’s focus from year to year. Have you ever heard a frustrated business owner utter this remark? Or thought it yourself? What would you say if I told you I could help you or that other frustrated business owner get that cash to keep that cash flowing in your business -- keep your business up and going and running smoothly so that you can do what you do best -- run your business? Okay.... got your attention? Well, let me introduce you to a fast-growing source of cash for growth-oriented and cash-hungry small businesses -- factoring of accounts receivable. "So, what exactly IS factoring of accounts receivable?" you ask. Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. With factoring you can get 70 to 80% of an invoice's face value wire transferred into your account within 24 to 48 hours of the invoice being issued and approved. Better yet - factoring is not a loan! With factoring there is no interest to pay, nor principal to repay. No liability will appear on a company's balance sheet due to its factoring. A company simply sells one of its assets (accounts receivable) for an agreed-upon "fee" to obtain a more liquid asset (cash) thus self-financing it's own growth with debt-free funding. It's equivalent to when you sell your vehicle (an asset) to someone -- the two of you agree upon a price and the transaction is done! Since factoring is not a "loan," funding is not based on a company's ability to repay the amount advanced. Rather, funding is based on the ability of the company's customers to pay what is owed the company for the purchase of the company's goods or services. Unlike traditional funding sources, which require all the assets a business has available for collateral on a credit line, factoring is, in essence, a Receivables-Based Credit Line, which needs no other collateral. It is available to be drawn on when and as needed. In fact, a business can conceivably have a credit line with its bank with its other assets as collateral and a second credit line with a factoring company with the receivables ONLY as collateral! Interesting...? With factoring, you can have cash on demand to meet seasonal demands, accommodate new and larger clients who may demand longer terms or use up any excess working capital you have on hand. Factoring, in essence, gives you the option of offering terms to your customers thereby helping you to increase your customer base. Prior to the 1980's, factoring was used primarily in the garment, textile and furniture industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today. Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional so Favoritism In The Workplace g of accounts receivable?" you ask.Seeing favoritism in the workplace can be one of the most demotivating things you might experience.In the workplace, favoritism refers to when someone appears to be treated better than others and not necessarily for reasons related to superior work performance.Favoritism in the workplace might result in this person being promoted faster than others unfairly, being paid more to do the same job as others, being given more leeway to come and go during the day as they Factoring is the conversion of a company's commercial accounts receivable into immediate cash by selling those accounts at a discount. With factoring you can get 70 to 80% of an invoice's face value wire transferred into your account within 24 to 48 hours of the invoice being issued and approved. Better yet - factoring is not a loan! With factoring there is no interest to pay, nor principal to repay. No liability will appear on a company's balance sheet due to its factoring. A company simply sells one of its assets (accounts receivable) for an agreed-upon "fee" to obtain a more liquid asset (cash) thus self-financing it's own growth with debt-free funding. It's equivalent to when you sell your vehicle (an asset) to someone -- the two of you agree upon a price and the transaction is done! Since factoring is not a "loan," funding is not based on a company's ability to repay the amount advanced. Rather, funding is based on the ability of the company's customers to pay what is owed the company for the purchase of the company's goods or services. Unlike traditional funding sources, which require all the assets a business has available for collateral on a credit line, factoring is, in essence, a Receivables-Based Credit Line, which needs no other collateral. It is available to be drawn on when and as needed. In fact, a business can conceivably have a credit line with its bank with its other assets as collateral and a second credit line with a factoring company with the receivables ONLY as collateral! Interesting...? With factoring, you can have cash on demand to meet seasonal demands, accommodate new and larger clients who may demand longer terms or use up any excess working capital you have on hand. Factoring, in essence, gives you the option of offering terms to your customers thereby helping you to increase your customer base. Prior to the 1980's, factoring was used primarily in the garment, textile and furniture industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today. Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional s Business Angles and Sportsbetting it's own growth with debt-free funding. It's equivalent to when you sell your vehicle (an asset) to someone -- the two of you agree upon a price and the transaction is done!Sports betting, like any investment, carries risks and rewards. The parallels between betting on sports and playing the stock market are many. In fact, I would argue that they are exactly the same for all intents and purposes.Placing a bet on a team and hoping for a win is no different than buying a particular stock and hoping for a rise in price. There are few differences between sportsbooks and brokerage firms. Both are middlemen who charge you a fee for their services. Both Since factoring is not a "loan," funding is not based on a company's ability to repay the amount advanced. Rather, funding is based on the ability of the company's customers to pay what is owed the company for the purchase of the company's goods or services. Unlike traditional funding sources, which require all the assets a business has available for collateral on a credit line, factoring is, in essence, a Receivables-Based Credit Line, which needs no other collateral. It is available to be drawn on when and as needed. In fact, a business can conceivably have a credit line with its bank with its other assets as collateral and a second credit line with a factoring company with the receivables ONLY as collateral! Interesting...? With factoring, you can have cash on demand to meet seasonal demands, accommodate new and larger clients who may demand longer terms or use up any excess working capital you have on hand. Factoring, in essence, gives you the option of offering terms to your customers thereby helping you to increase your customer base. Prior to the 1980's, factoring was used primarily in the garment, textile and furniture industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today. Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional s Why You Should Hire a Professional Website Designer able to be drawn on when and as needed. In fact, a business can conceivably have a credit line with its bank with its other assets as collateral and a second credit line with a factoring company with the receivables ONLY as collateral! Interesting...?Your web site should always adhere to standards!A professional web site designer will provide you with a standard compliant web site that is cross-browser supported.What does this mean to you? Why should you care? Any site that isn't standard compliant can "break" in older browsers, or simply not display at all in, say, text-based browsers. If you are a small business, this could be the difference between a With factoring, you can have cash on demand to meet seasonal demands, accommodate new and larger clients who may demand longer terms or use up any excess working capital you have on hand. Factoring, in essence, gives you the option of offering terms to your customers thereby helping you to increase your customer base. Prior to the 1980's, factoring was used primarily in the garment, textile and furniture industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today. Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional s Should I Consolidate My Credit Card Debts? e industries and was only otherwise available to "big business". At that time (as with many things), the terms and prices were much different than what they are today.Unlike general debt where the answer to problems is rarely to consolidate, the consolidation of credit card debt is often worthwhile. Credit card debt consolidation is regarded by many as being the first step toward card debt elimination. But, before you taking the initial step towards consolidating your credit card debt, you need to understand that consolidating credit card debt (or using balance transfers) is an action that is being taken to eliminate your credit card indebtedness. C Due to the increased competition and visibility of this very viable financial tool, however, these have changed for the better. The terms and prices we see today make factoring a quick and viable alternative funding tool for small businesses nationwide so that they, too, can take advantage of this proven, debt-free and flexible method to effectively multiply working capital. SOME HIGHLIGHTS/ADVANTAGES TO FACTORING: 1. No financials required -- MUCH less paperwork than traditional sources (oftentimes this can be done by fax or email and no personal "appearance" is required by the business owner) 2. Quick account setup - usually 5 business days (sometimes faster) 3. Usually can have 70 to 80% of invoice amount wire transferred to your account within 48 hours after approved. 4. No long-term contracts, you factor as much or little as needed. Why don't YOU make this a year of growth and increased profits by using this financial tool to enhance your business! Copyright (c) 2006 Cash Flow Connections
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