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Factoring

2 Reasons to Ditch the Invoice Factoring Calculator | Behalf

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2 Reasons to Ditch the Invoice Factoring Calculator Factoring is a popular financing solution for companies with slow cash conversion cycles. The longer it takes companies to convert their inventory into profits, the more cash gets tied up in their business cycle. More often than not these companies offer trade credit or lenient payment terms, so they experience significant payment delays. They resort to factoring because it’s convenient. Selling receivables is fast cash and takes the burden of collections off…

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5 types of invoice financing

The 5 Types of Invoice Financing | Behalf

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The 5 Types of Invoice Financing Chances are if you’re reading this article you are actively shopping around for business financing. That means you are already up to your ears in financial jargon. Of course you want to make an educated decision, but there are so many types of business financing solutions to keep track of. If this is your current dilemma, you are not alone. In fact, there are entire blogs and forums – like this one – dedicated…

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Smart business financing: factoring do's and don'ts

Smart Business Financing: Factoring Do’s and Don’ts | Behalf

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Smart Business Financing: Factoring Do’s and Don’ts Some companies searching for business financing choose to factor their receivables. After reviewing other methods of financing, they find that factoring is the fastest way to address their financial issues. Factoring is ideal for companies that extend trade credit to customers that are slow to pay. Instead of waiting for customers to pay, they sell their receivables to a factoring company at a discounted rate and get a cash advance. Though it reduces…

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choosing between loans or factoring

Loans or Factoring: Why You Don’t Have to Pick Your Poison | Behalf

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Loans or Factoring: A Closer Look Many companies consider only two options when they shop for financing: loans and factoring. After weighing the pros and cons, they settle with whichever option best meets their business needs. Herein lies the problem: your company should not have to “settle” for financing. Thanks to technology and data, the lending industry has progressed to the point where there are numerous types of financing to empower your business. Take into account the reason you are looking for…

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Invoice loans: 3 shopping tips

Invoice Loans: 3 Tips to Shopping for an Invoice Factoring Company | Behalf

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Invoice Loans: 3 Tips to Shopping for an Invoice Factoring Company Before you commit your company to any sort of business financing, you need to examine the lender. Invoice factoring is no exception. Most companies that choose to factor their invoices extend trade credits to customers. Though the trade credit generously extends the amount of time customers have to fulfill payment, it opens companies up to significant risk. Trade credits attract slow and non-paying customers. As a result, the companies…

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