It’s not unusual for successful businesses to experience cash flow problems. Problems often occur because you have to pay corporate expenses quickly; however, your commercial clients have 30 to 60 days to pay their invoices. Having a lot of money tied to slow-paying receivables forces you to use cash reserves – leaving you in a […]
Receivables Financing
What is Accounts Receivable Factoring?
Accounts receivable factoring is a financial tool that can help companies with cash flow problems because clients are paying invoices in net-30 to net-60 days. Small business owners are often faced with having to offer term credit to corporate clients. Unfortunately, many owners don’t have sufficient cash reserves to run their businesses, pay their expenses, […]
How to Use Receivables Factoring to Improve Your Cash Flow
Losing a sale because you could not afford to service the client and wait for payment is probably one of the most frustrating things that can happen to a business owner. Unfortunately, this very thing happens to business owners across Canada every day. They have the sales expertise and the business acumen to grow their companies, but […]