Payroll finance is a solution that allows your company to finance invoices so that it can make payroll. It usually refers to a common use of invoice financing, though it can also refer to other solutions. In this article, we cover: 1. Do you have this problem? Making payroll is one of the biggest responsibilities […]
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Payroll Funding for Small Businesses
One of the greatest challenges that a small business owner can ever face is not having enough money to pay employees. Delaying payroll affects employee morale and your ability to retain key individuals. This article discusses how to use payroll financing to meet payroll and keep the business growing. We cover: 1. The most common […]
Payroll Financing for Labour Hire Agencies
Making payroll is the most critical task for any growing labour hire agency. You can retain high-quality talent only if you offer good salaries, good jobs, and you pay on time. However, cash flow problems jeopardize your ability to pay employees on time and prevent your business from reaching its true potential. In this article, […]
Selling Accounts Receivable to Finance Your Business
Companies experience cash flow problems at one point or another. These issues are common in small businesses and companies growing quickly. Cash flow problems can usually be fixed using the correct type of financing. However, getting a business loan or a line of credit remains out of reach for many small and midsize businesses. This […]
Why Would a Company Sell Its Accounts Receivable?
Companies sell their accounts receivables to improve their cash flow. Having good cash flow is essential if you want to run a successful business. You can have a great product/service and excellent profit margins, but your business will suffer if your cash flow is bad. As a matter of fact, profitable companies can also have […]
Can I Sell My Invoices to Improve My Cash Flow?
Small business owners are often challenged when a large customer requests 30 to 90 days of credit to pay an invoice. As a business owner, you want to offer credit terms because it improves your ability to sell to large clients. However, offering credit terms can also hurt your company if you don’t have financial […]
How Does Invoice Financing Work?
Summary: Invoice financing, also known as invoice factoring, is a type of debtor finance that helps improve the cash flow of companies that have slow-paying invoices. This form of financing gives the client access to immediate funds, which can then be used to pay for business expenses and to grow. In this article, we show […]
How Do Invoice Finance Companies Buy Receivables?
One of the advantages of invoice financing is that most transactions are not structured as loans. Instead, the client sells their accounts receivable to the finance company in exchange for an immediate payment. This article describes how a company sells their invoices to a finance and covers the following: 1. Invoice financing basics Invoice financing […]
What is a Notice of Assignment? (Invoice Financing)
A Notice of Assignment (NOA) is a document that debtor finance companies send to the end-customers of their clients. This document informs end-customers of the invoice finance relationship. Clients usually have some concerns when they learn that a debtor finance company will notify their customers. This article addresses these concerns and explains how the NOA […]
Debtor Finance Interest Rates Explained
Summary: Debtor financing transactions can be structured in various ways. In this article, we explain how the cost of a debtor financing transaction is determined by using the most common transaction structure. If you are not familiar with debtor financing, read “What is Debtor Financing?” before reading this article. In this article we cover the […]