Qualities of the Export Funding Company that You Should Hire

International trade is no walk in the park. It’s riddled with quite a significant amount of risks coupled with a stash of work, work and work but when done right it can rip off rewards like no other too. This is essentially why many entrepreneurs go out and venture exportation. One of the critical tools in such venture is what… (more…)

The Types of Single Invoice Finance

Single Invoice Finance is a method that enables companies to draw cash from its receivables before payment is due or received from its customers. There are many types to it and today we shall discuss what they are all about and how they differ or come alike. FACTORING VERSUS DISCOUNTING Factoring In this type of transaction, the cash advance received… (more…)

Misconceptions on Export Finance

Many domestic and local companies find the international market promising which it really is; however, it is at the same time pretty intimidating with all the scrupulous documentation, country specific legislations, international laws, liquidity drawbacks collection hitches and financial risks that come with it. Exportation when done right however can bring about exceptional growth and endless opportunities. One way for… (more…)

The Biggest Misconceptions About Spot Factoring

Spot factoring is the method of deriving finance out of a particular customer invoice. It is achieved by selling the right to collect against it to a provider called the factor who in turn grants a monetary sum of its value, often ranging from eighty to ninety five percent with the remaining balance to be given upon full collection from… (more…)

Small Medium Enterprises and Export Overdraft

“What exactly is an export overdraft?” you might ask. To start these enable businesses to bring their trade abroad without having to suffer the complexities in documentation and the accompanying risks. Of all, SMEs or the small and medium scale enterprises benefit a lot from this as they are those who often find global expansion promising but too risky for… (more…)

Single Invoice Discounting Benefits and Disadvantages

Single invoice discounting is another common type of financing and funding means that companies take into consideration whenever they are looking for other sources of cash. We all know that one common source of such are the company’s own sales unfortunately not everyone pays in hard cash. Others purchase from you on credit therefore your financial resources can be locked… (more…)

Invoice Factoring and Keeping Facts Straight

There have been a lot of misconceptions regarding inverse factoring and we should keep facts straight so that business won’t get tied up and loose the chance to derive its benefits. To refresh your ideas a little bit, here is a brief list of benefits and advantages of having invoice factoring as a means to raise funds and capital. It’s… (more…)

The Different Uses and Purposes for Spot Factoring

Unlike the traditional type, spot factoring involves only the specifically chosen invoice. In this type of financing service, the company has the liberty to choose which and when the invoice will be subject to a factor. Furthermore, it can also be classified to be with recourse or non recourse. The former puts the risk of non-collection from customers to you… (more…)

Adjectives That Should Describe Your Single Invoice Finance Provider

Single invoice factoring is nothing alien to most business people. Although relatively new compared to other modes of financing, it has already gained popularity due to its certain features. To name a few, here is a list below: Ease, simplicity and speed of acquiring the needed funds. Prevention of losses from possible doubtful accounts. Early collection of long receivables whose… (more…)

Other Funding Options When Your Application for a Commercial Business Loan Has Been Denied

Businesses will always need funds for their operations, projects and other ventures. We know that for sure. At the same time, we know for a fact that these funds are not always readily available. Sometimes they are locked up in customer invoices. Others are invested in stocks or in other corporate assets. And in certain cases, there is simply a… (more…)