It is well established that factoring can be a useful tool for unlocking working capital to keep your business afloat in tough times or during growth periods. The financial language surrounding factoring and other similar financial instruments can be complicated and nuanced. In this article, we will discuss this language in detail and make it[…]
There is ample confusion among the public regarding the difference between factoring and invoice factoring, due in large part to the language and additionally the many similarities. In this article, we will explain both processes and elucidate their main differences. Invoice Factoring Invoice factoring, sometimes called invoice discounting, is the process of selling ready[…]
Factoring and invoice discounting are extremely useful and powerful financial instruments to unlock capital without needing to take out complicated loans. They are distinct but similar financial products which involve the sale of unpaid invoices to a third-party financial company to facilitate efficient cash flow and maintain solvency in hard times. In this article,[…]
Factoring is a highly useful financial instrument which was once reserved for businesses on their last legs. Today, it is utilised by a wide array of companies. Factoring is one instrument that is renowned for supporting the growth cycle of new, small and rapidly expanding businesses. It leverages capital from unpaid invoices and involves[…]
Factoring is a financial instrument that is becoming increasingly popular among Australian and international businesses across a variety of industries. It utilizes the capital of debtors in unpaid invoices to create cash flow for your business. Third-party financial companies enter into an agreement to manage your sales ledger, and pay forward a substantial percentage[…]
Factoring might sound like a complicated process, but it’s actually a way of managing your businesses finances to give you full advantage of capital that has not yet been paid by invoiced customers. It is a way of creating security for your business by having the receivable finances managed through a third-party. In this[…]
Invoice discounting is a great financial tool to alleviate cash flow problems that can be caused by the inherent delays in getting paid by insurance companies. It can be useful to auto repair businesses for various reasons such as expansion, cash flow issues or an influx of high value repair work. For whatever reason[…]
An introduction to Smash Repairer Factoring Factoring can be a useful tool for unlocking cash to keep your business afloat in tough times or during growth periods. But the financial language surrounding factoring can be complicated . In this article, we will discuss this language in detail and make it simple to understand. What is[…]
Invoice discounting is a powerful financial tool that can facilitate time efficient cash flow for auto repair industries. It can be highly advantageous when working capital is required to continue business operations, or to invest into business expansion. In this article, we will explain what invoice discounting is and how it can work for[…]
Invoice Discounting is a powerful financial tool to release and reinject funds into your business without taking out a loan by selling your invoices. Instead of waiting days, weeks or months for insurers and the responsible parties to pay for the services you have rendered, you can get the money sent to you the[…]