Tag: Business Relationship

Are customers talking about your business?

There was a time when the picket fence, post office, corner drug store, and even the town dump were social gathering places where neighbors would catch up on the community events and talk about experiences. Even by word-of-mouth, it didn’t take long for good news to travel across town, and bad news traveled even faster…. Continue Reading

Besides Factoring, how else can BFC help my company?

Question: Besides Factoring, how else can BFC help my company?   Answer: Through its extensive experience working with troubled companies, BFC has developed a ‘toolkit’ for use in working with clients to place their businesses back on sound financial and operational footing. This toolkit, which has been tested and proven in the marketplace many times… Continue Reading

Are there monthly minimum factoring amounts?

The short answer is NO. However, as with most business relationships, you must first establish an account. The process is not long but will establish your factoring discount rate. The factoring discount rate is determined by a number of variables such as the type of business you are in (for example, construction is more expensive… Continue Reading