Texas Economy Surviving Oil Crisis
Texas is the top state of the U.S. oil industry. Texas began drilling oil in the early 1900’s with the discovery of the Spindletop well
Texas is the top state of the U.S. oil industry. Texas began drilling oil in the early 1900’s with the discovery of the Spindletop well
Payroll funding is the regular process or cycle of billing your customers, paying your employees and getting funded by a factoring company. It’s most often
Trucking companies all over the U.S. and Canada rely on freight factoring to generate the cash flow necessary to operate their businesses. Freight factoring companies
The Federal Assignment of Claims Act (FACA) offers protections and benefits to factoring companies that provide government contract factoring services. For assigned government contract payments, a
Requirements and qualifications Small businesses looking to bid for government contracts must know their North American Industry Classification System (NAICS) code and register with the
Government agencies often take 30 days or more to pay their invoices, so government contractors turn to government contract financing for invoice factoring services or
It’s important to compare different criteria when looking for factoring services. Factoring companies serve different industries, offer different rates, and provide different levels of customer
Many factoring companies require tax form 8821 before signing a factoring services agreement. I recently had a factoring prospect applying for factoring services when she
Factoring companies typically don’t advance the full invoice amount because they hold back a reserve for contingency purposes. If you factor a $1,000 invoice and
Factoring companies charge for their factoring services as a percentage of the full invoice amount. If you factor a $1,000 invoice with an 80% advance
Online lending has made significant inroads into the small business lending market. Fast loans, quick turn-around, and easy approvals have made many online lenders an
Finding the right factoring company for your business requires diligence, but it’s time well spent and it can save you a lot of headaches and
Factoring rate structures come in basically two different varieties – fixed and adjustable. In recent years there have been many factoring companies offering what appears to
If your shopping for a factoring company, you need to consider the credit facility or credit limit available. Factoring facilities come in many sizes as
If you’re looking for factoring services, you may have heard the terms recourse and non-recourse factoring. These are impressive legal terms that dictate what happens
Invoice discounting and invoice factoring relate to similar forms of working capital financing. You get cash advances up-front for your invoices or receivables. In the
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