This month, we look at the latest growth figures for retail development, employment, and the economic competitiveness, as reported by the Marcus & Millichap Retail Research Market Report and the Las Vegas Global Economic Alliance annual survey. Starting with the latest Marcus & Millichap Retail Research Market Report, retailers absorbed more than 1.3 million… Continue Reading
Tag: Accounts Receivable Factoring
Here we are, the economy has turned around, your company is back in the black, and you have the opportunity to expand. So you go to the bank for a loan only to be denied due to insufficient Working Capital. How can that be? I have plenty of Working Capital; you say to yourself. We… Continue Reading
Question: How much money can I get for my receivables? Answer: Your business will be approved for a monthly invoice factoring amount. You can factor invoices up to that amount. Typically we will advance from 70%-80% of an invoice, with the balance held in reserve until the invoice is paid. Send your questions… Continue Reading
Answer: Factoring isn’t a loan, so the fact that your company doesn’t have the right “ratios” or that banks have turned you down for a line of credit or working capital loan doesn’t matter. If you have creditworthy business clients and good receivables, you may be a candidate for factoring.
In any contact we may have with your clients, such as verifying that invoices are correct or following up on a late payment, they will be treated with the utmost respect, and in some cases, may not even know that they are not dealing directly with your company. We want your clients to be happy…. Continue Reading