Be yourself; Everyone else is already taken.
— Oscar Wilde.
This is the first post on my new blog. I’m just getting this new blog going, so stay tuned for more. Subscribe below to get notified when I post new updates.
Josh Smith from Alpha Capital explains this perfectly in a LinkedIn post, Invoice factoring is meant to grow your company.
Make sure that the factoring company is being ethical and fair when dealing with your customers. Since the invoice factoring company is collecting the invoices directly, you don’t have control over your billing anymore. These fees include application fees, processing fees for each invoice you finance and credit check fees.
Invoice factoring can get expensive due to hidden fees. Let’s say you need payroll now so you turn to an invoice factoring company. The factoring company gives you cash to secure working capital to meet your expenses.
Once the factoring company collects a particular receivable, they will pay you the remaining balance of that receivables face value, less their fee. You can outsource your accounts receivables to a factoring company for a nominal fee. The factoring company will advance up to 90% of the invoice value in cash.
Factoring services not only ensure availability of the working capital but also makes sure that the cash flow is there for long term planning and growth of the organization. Invoice factoring has surfaced as an important facet of business financing in the past few years across Canada. fast factoring provide a free business review and monitoring system which is best suited for your business.
Accutrac Capital is a business solutions company that offers factoring solutions across Canada. More importantly, not to mention the increase in cash flow that an organization gets when associated with an accounts receivable financing company. A factoring company in Ontario will not only buy your account receivables (for a minimal fee) but would also provide consultation for a better credit risk management.
Factoring can be a viable business financial solution that turns accounts receivable into cash. Accutrac specializes in helping businesses to harness their accounts receivables into cash flow solutions. Many invoice factoring companies or as the industry calls them Factoring ” companies are willing to purchase accounts receivables in Canada.
Depending on whether the business has chosen recourse or non-recourse factoring, they may be required to pay back the advanced amount if their customer doesn’t pay. Invoice Factoring vs. Accounts Receivable Financing. Although the terms and turnaround can vary according to the industry, typically a business can sell their invoices to a factoring lender and receive a large percentage of the invoice total within 48 hours.
Be aware that, should you wish to end your factoring arrangement you will be required to pay back monies that have been advanced even if your customers haven’t paid yet. Firstly you will be charged a fee when the factoring company receives an invoice from you. To get your finance started the factoring company will firstly, want to meet you – to understand your business objectives and how your business operates.
The factoring company will send out invoices, reminders and statements on your behalf having agreed the process with you beforehand, but you keep control of the sales ledgers.
Invoice factoring can get expensive due to hidden fees. Let’s say you need payroll now so you turn to an invoice factoring company. The factoring company gives you cash to secure working capital to meet your expenses.
Once the factoring company collects a particular receivable, they will pay you the remaining balance of that receivables face value, less their fee. You can outsource your accounts receivables to a factoring company for a nominal fee. The factoring company will advance up to 90% of the invoice value in cash.
Factoring services not only ensure availability of the working capital but also makes sure that the cash flow is there for long term planning and growth of the organization. Invoice factoring has surfaced as an important facet of business financing in the past few years across Canada. fast factoring provide a free business review and monitoring system which is best suited for your business.
Accutrac Capital is a business solutions company that offers factoring solutions across Canada. More importantly, not to mention the increase in cash flow that an organization gets when associated with an accounts receivable financing company. A factoring company in Ontario will not only buy your account receivables (for a minimal fee) but would also provide consultation for a better credit risk management.
Factoring can be a viable business financial solution that turns accounts receivable into cash. Accutrac specializes in helping businesses to harness their accounts receivables into cash flow solutions. Many invoice factoring companies or as the industry calls them Factoring ” companies are willing to purchase accounts receivables in Canada.
Depending on whether the business has chosen recourse or non-recourse factoring, they may be required to pay back the advanced amount if their customer doesn’t pay. Invoice Factoring vs. Accounts Receivable Financing. Although the terms and turnaround can vary according to the industry, typically a business can sell their invoices to a factoring lender and receive a large percentage of the invoice total within 48 hours.
Be aware that, should you wish to end your factoring arrangement you will be required to pay back monies that have been advanced even if your customers haven’t paid yet. Firstly you will be charged a fee when the factoring company receives an invoice from you. To get your finance started the factoring company will firstly, want to meet you – to understand your business objectives and how your business operates.
The factoring company will send out invoices, reminders and statements on your behalf having agreed the process with you beforehand, but you keep control of the sales ledgers.
Introduce Yourself (Example Post)
This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.
You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.
Why do this?
- Because it gives new readers context. What are you about? Why should they read your blog?
- Because it will help you focus you own ideas about your blog and what you’d like to do with it.
The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.
To help you get started, here are a few questions:
- Why are you blogging publicly, rather than keeping a personal journal?
- What topics do you think you’ll write about?
- Who would you love to connect with via your blog?
- If you blog successfully throughout the next year, what would you hope to have accomplished?
You’re not locked into any of this; one of the wonderful things about blogs is how they constantly evolve as we learn, grow, and interact with one another — but it’s good to know where and why you started, and articulating your goals may just give you a few other post ideas.
Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.
When you’re ready to publish, give your post three to five tags that describe your blog’s focus — writing, photography, fiction, parenting, food, cars, movies, sports, whatever. These tags will help others who care about your topics find you in the Reader. Make sure one of the tags is “zerotohero,” so other new bloggers can find you, too.
The Journaling of Robinson 365 