April 3, 2023
Do professional services companies benefit from Accounts Receivable Financing?
Yes! Many professional organizations, like IT consulting, engineering, and technical service companies, invoice their customers for services performed over the course of the month or a discrete project. Each month can contain multiple pay periods, so a single invoice that is paid within 45 days can easily encompass 4-6 pay…
March 1, 2023
What types of industries factor?
Accounts receivable financing, or factoring, is a great solution for any company that is business-to-business oriented, has credit-worthy accounts receivable, and wants better control of their cash flow. It also fits almost any industry where work is performed by badged employees and where that work does not involve insurance claims. …