Yes, it’s true, surviving the business cycles depends on a number of issues: sales, profit margins, labor base, marketing, management and always your business financing. There are many ways to finance a startup or robustly growing business; invoice factoring is one of those flexible options that can easily grow with your business success. Which types […]
Know Your Why? Top Reasons to Use a Factoring Company Many people know why a factoring company advances money…to make healthy returns, but you should know exactly why you will benefit from working with a receivables company. Make Payroll: “No need to worry about making payroll again, focus your time on what you do best.” […]
When your customers decide to delay payment thus creating a longer pay cycle the last thing you want to do is make demands of them and possibility lose their business. This problem becomes your nightmare as you struggle to make payroll. Factoring services can help, as they will turn those outstanding invoices into immediate cash […]
Machine Shop Factoring – Plan ahead and beat your competition. Machine shops will benefit from improved economic conditions when new purchase orders are re-directed back to our homeland. This improvement in rapid growth can create cash flow shortages for many small machine owners that may not have the cash reserves needed to purchase necessary raw materials at a discount, or […]
Extending credit terms to your customers is one of the fastest ways to grow your business. If you already offer payment terms to customers in good standing do you complete a background check. analysis? If your customers pay on time, all is good, but what happens if they don’t pay you timely or not at […]
Why would anyone want to pay those expensive rates to get funds now for their Accounts Receivables? YES, on the surface the cost of funds for factoring your invoices is expensive i.e. can range from 1.5% to 4% depending on the industry, dollar volume, size of invoices, perceived risk, personal and business credits, etc. In reality, […]
Factoring can help your company grow faster while improving your profit margins at the same time! In an effort to grow your company faster business owners need to turn their dollars over more often. By example many in the manufacturing industry may only have ample cash flow to turn their inventory over 6-8 times per […]
President, Marathon Financial Factoring Services – – Why wait for your invoices to pay?