Invoice Factoring – altLINE

What Is Micro Factoring?

Michael McCareins — Wed, 22 Oct 2025 21:50:05 +0000

Micro invoice factoring, also known as micro-factoring, supports budding businesses that may otherwise be ineligible for traditional business loans, including microloans. A form of alternative lending, micro-factoring unlocks funding for business owners in urgent periods of cash flow gaps. Continue reading to learn more about how micro-factoring empowers small businesses, including what it takes to […]

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Differences Between Invoice Factoring and a Merchant Cash Advance (MCA)

Michael McCareins — Thu, 26 Jun 2025 20:51:00 +0000

Does your business need fast cash? Funding options, such as traditional loans, can take days, weeks, or even months to secure, leaving you with significant cash flow gaps. Fortunately, there are alternatives to get quick access to working capital. Invoice factoring and merchant cash advances (MCAs) are popular solutions, but the way they work—and how […]

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AR Factoring vs. Inventory Financing: What’s the Difference?

Michael McCareins — Thu, 15 May 2025 17:23:22 +0000

Cash flow is a must for any company, but most small business owners don’t have thousands of dollars in their bank accounts. Fortunately, when your business needs working capital, there’s no shortage of financing options. Two of the most common financing methods for businesses in need are accounts receivable factoring and inventory financing. Both options […]

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Asset-Based Lending vs. Factoring: What’s the Difference?

Michael McCareins — Thu, 15 May 2025 15:56:04 +0000

Startup owners and others who would be considered high-risk borrowers often struggle to qualify for traditional bank loans that meet their business needs. Instead, many business owners opt for one of two types of alternative financing: asset-based lending or invoice factoring. These two funding solutions are more attainable for all types of businesses, regardless of […]

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Best Invoice Factoring Companies

Michael McCareins — Mon, 23 Dec 2024 17:58:31 +0000

Once you’ve determined invoice factoring is the optimal funding solution for your company, the next step is to find a top-rated factoring company. But with so many factoring companies out there, how do you choose the best one? When searching for a funding provider, it’s important to target companies with a good reputation. To help […]

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How to Find the Best Factoring Company for Your Staffing Agency

Michael McCareins — Wed, 15 May 2024 22:44:27 +0000

There are not many more consequential decisions a business owner can make than selecting the right funding provider. The difference between a good provider and a bad provider can truly make or break a business. That’s why choosing the right staffing agency factoring company to partner with is so critical. If you’re reading this, there’s […]

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Benefits of Freight Factoring

Jim Pendergast — Thu, 14 Mar 2024 16:11:18 +0000

For many business owners – and owner-operators in particular – one of the biggest challenges is figuring out how to finance your business and improve cash flow. Quite often, trucking companies struggle to have clients pay invoices in a timely manner, which can lead to major financial difficulties in keeping up with their ongoing expenses. […]

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What Is Non-Dilutive Funding?

Michael McCareins — Thu, 02 Nov 2023 21:27:20 +0000

Few things are more important for a business than ensuring it has enough funding for its operations, evidenced by financing difficulties being cited as the top reason why businesses fail. To maintain financial health and improve cash flow, business owners often turn to secondary sources to obtain additional funding, often through what is called non-dilutive […]

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Guide to No-Doc Business Loans: What They Are, Examples & How to Get Them

Michael McCareins — Fri, 25 Aug 2023 17:13:52 +0000

The stereotype that every lending option comes with endless paperwork can be off-putting to borrowers seeking out financing, but fortunately, several lending options require very little paperwork during the application process. These are referred to as “no-doc business loans.” You may have heard of no-doc business loans before, but you might not be familiar with […]

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Quick Pay vs. Freight Factoring

Jim Pendergast — Tue, 13 Jun 2023 18:59:42 +0000

For trucking companies, few things are more important than ensuring you get paid in a timely manner. Maintaining sufficient cash flow for your operations is key for staying cash flow positive. But the trucking industry is one of slim margins. Even the most well-prepared, successful trucking business owners will have periods of negative cash flow […]

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Get Your Invoices Paid Faster with Security Guard Factoring

Michael McCareins — Wed, 26 Apr 2023 21:44:56 +0000

Security guard companies are unique, in that unlike many industries in which assets lie in the name of equipment, land, or other physical resources, security guard companies’ main assets are their people. This makes financing security guard companies particularly challenging for two reasons. First, most traditional bank loans are unattainable without significant collateral, and a […]

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Get Your Invoices Paid Faster With Telecom Factoring

Michael McCareins — Fri, 21 Apr 2023 20:18:46 +0000

While the telecommunication business can be lucrative, running your own telecom business isn’t a simple, or cheap, undertaking. Between obtaining licenses and permits, paying fees to the FCC, and making necessary business-related investments, you will likely at some point be faced with cash flow challenges that could put important growth goals in jeopardy. Thankfully, there […]

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What is B2B Factoring?

Michael McCareins — Fri, 24 Mar 2023 14:42:27 +0000

Starting a business is an exciting yet demanding venture with inevitable challenges that get in the way of what business owners wish could be an entirely smooth process. However, knowing what roadblocks you could face beforehand to avoid being taken by surprise will help you overcome these obstacles. Many common stressors small business owners struggle […]

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What is Non-Notification Factoring and How Does it Work?

Michael McCareins — Tue, 28 Feb 2023 21:31:50 +0000

Non-notification factoring is used by businesses to improve accounts receivable cash flow as an alternative to financing methods such as taking out a loan or applying for a line of credit. The ultimate goal of non-notification factoring is to increase working capital, no different from traditional factoring. However, a couple of key differences, particularly in the […]

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Invoice Factoring vs. Bank Line of Credit

Jim Pendergast — Wed, 22 Feb 2023 16:41:22 +0000

For business owners, managing cash flow wisely is a pivotal factor in determining long-term success, particularly for small business owners. Given 60% of small businesses struggle with cash flow, it is not a unique problem to have, and owners often look to third parties to assist with these struggles. Two of the most common options […]

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Can You Have More Than One Invoice Factoring Company?

Deborah Sabinus — Thu, 09 Feb 2023 21:23:32 +0000

For several years, invoice factoring has been closing the small business financing gap. Sometimes, however, businesses need to switch factoring companies. Whether it’s due to funding limits, poor customer service, or a complicated process, businesses switching factoring companies is quite common. Some might wonder if selling invoices to two factoring companies can be an alternative. […]

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Can I Sell My Unpaid Invoices for Cash?

Deborah Sabinus — Thu, 19 Jan 2023 21:51:34 +0000

Unpaid invoices hinder the day-to-day operations of small businesses across the country, as only 55% of B2B invoices are paid on time. While 54% of small businesses have come to terms with late invoice payment being a norm, this doesn’t have to be the case for your company. Many business owners have found a way […]

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Invoice Factoring vs. Invoice Financing: What’s the Difference?

Deborah Sabinus — Fri, 06 Jan 2023 18:52:21 +0000

When it comes to non-traditional financing solutions, invoice financing and factoring are common alternatives to transforming your accounts receivables for quick funding. Both options are similar as they provide a cash advance for business owners to increase working capital and scale their growth. However, some differences exist between them, and in this article, you’ll explore […]

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Invoice Factoring Calculator

Angela Petulla — Fri, 30 Dec 2022 15:07:01 +0000

Interested in invoice factoring but are worried about the costs associated with it? We know that the unknowns of financing can be stressful, so we’ve put together an invoice factoring calculator to help you estimate your cash advances, factoring fees, and cash due to you at the end of the factoring process. Try the calculator […]

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What Are the Risks of Invoice Factoring?

Deborah Sabinus — Fri, 16 Dec 2022 20:24:09 +0000

It is not uncommon for businesses to struggle while working on net 30 or net 60 payment terms with clients. Since obtaining a loan from banks is not easy for most small business owners, they often turn to invoice factoring. However, like every other financing option, invoice factoring does not come without a few risks. […]

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Why Do Companies Use Invoice Factoring?

Angela Petulla — Fri, 04 Nov 2022 21:22:20 +0000

Invoice factoring is not a new type of financing, but it is still a new concept to many business owners. Invoice factoring is an alternative financing solution in which a company sells its outstanding invoices to a third-party “factor” (also referred to as a “factoring company“) for a discounted rate in return for a cash […]

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Construction Invoice Factoring

Jim Pendergast — Wed, 02 Nov 2022 17:18:30 +0000

Payment cycles can be notoriously long in the construction industry, and late customer payments often force companies and contractors to wait even longer to get paid. Eventually, these delays create a frustrating cycle of negative cash flow and mounting debt. This is where construction factoring companies come into play. Construction factoring companies like altLINE provide […]

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Get Your Invoices Paid Faster With Medical Receivables Factoring

Jim Pendergast — Mon, 31 Oct 2022 19:22:16 +0000

care workers and medical service providers sometimes must wait weeks or months to receive payment. While profit is a secondary motive for many medical service providers, long payment terms can lead to low-cash situations that put your business in a frustrating cycle of negative cash flow and mounting debt. To keep growing your medical practice […]

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Get Your Invoices Paid Faster With International Invoice Factoring

Jim Pendergast — Mon, 31 Oct 2022 18:57:52 +0000

In the import and export industry, you often have to wait weeks or even months to get paid. Unfortunately, business expenses often require immediate attention, meaning you may need to sacrifice assets or equity to pay them off. Late customer payments can then cause your company to fall into a cycle of negative cash flow […]

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Get Your Invoices Paid Faster With Commission Factoring For Real Estate

Jim Pendergast — Mon, 31 Oct 2022 18:25:47 +0000

Whether you are an individual realtor or a real estate agency, your cash flow is bound to be unpredictable because there may be gaps between property closings. Unfortunately, business expenses have no such gaps, meaning your income may be strained and lead you into a cycle of negative cash flow and mounting debt. To keep […]

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Get Your Invoices Paid Faster With Home Healthcare Factoring

Jim Pendergast — Fri, 28 Oct 2022 17:24:18 +0000

As home healthcare providers, it can be tough to juggle back-office operations alongside your medical services. And when delayed customer payments lead to a frustrating cycle of negative cash flow and mounting debt, it can become nearly impossible to keep cash flow positive. This is where home healthcare factoring comes in. A common alternative financing […]

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What Is Government Contract Factoring and How Does It Work?

Jim Pendergast — Fri, 28 Oct 2022 15:48:27 +0000

Government contracts are often lucrative and can make you a lot of money, but they’re notorious for forcing providers to wait a long time to get paid. If you’ve worked on government contracts in the past this comes as no surprise. Lengthy payment cycles and late payments can put your business in a cash crunch, […]

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Get Your Invoices Paid Faster With Small Business Invoice Factoring

Jim Pendergast — Fri, 28 Oct 2022 15:12:27 +0000

For small businesses, one of the most common growth deterrents are slow-paying customers. Late customer payments lead to margins thinning, which can create a frustrating cycle of negative cash flow with mounting debt. To grow your small business and stay competitive among your peers, you need to be able to afford to take on new […]

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Get Your Invoices Paid Faster With Education Provider Factoring

Jim Pendergast — Fri, 28 Oct 2022 14:02:18 +0000

Supplemental education providers often have to wait long for the school district to pay them. Long payment terms that take weeks or even months create cash flow issues leading to a frustrating cycle of negative cash flow and increasing debt. To keep your education provider company in good financial health, you need cash to make […]

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Get Your Invoices Paid Faster With Agricultural Factoring

Jim Pendergast — Thu, 27 Oct 2022 22:15:33 +0000

Agricultural businesses are very seasonal by nature, which means you may encounter inconsistent cash flow at certain points throughout the year. Unfortunately, this inconsistent cash flow is worsened by delayed customer payments that create cash crunches, leading to a cycle of negative cash flow and mounting debt. To keep your agricultural company flourishing, you need […]

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Invoice Factoring for Staffing Companies: What Is it and How Does it Work?

Jim Pendergast — Thu, 13 Oct 2022 20:44:27 +0000

Staffing agencies often depend on prompt client payments to meet payroll obligations. If invoice payments are drawn out or not paid on-time, it can have far-reaching impacts on cash flow and operations. For this reason, many agency owners turn to staffing invoice factoring. If you’re not an experienced business owner, you might not have heard […]

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Sample Factoring Agreement – What Does One Look Like?

Grey Idol — Mon, 23 May 2022 19:34:32 +0000

When you are a small business owner, your company will likely have a challenging time managing cash flow. It is also likely you’ll need to pay for goods and services before you have the cash to do so – things like payroll, for example. This is where invoice factoring can help, by turning your outstanding […]

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Invoice Factoring for QuickBooks Guide

Grey Idol — Wed, 09 Mar 2022 17:23:31 +0000

You want to grow your business, but you’re finding it difficult to get the cash flow that you need. You’ve tried asking for a loan or getting an additional credit card, but the banks say you don’t have enough collateral or enough credit history. What do you do? Invoice factoring can be a solution to […]

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Invoice Payment Terms: What Are They and Which Should You Work On?

Grey Idol — Wed, 17 Nov 2021 22:04:46 +0000

As a new business owner, learning different invoice payment terms before setting up your invoicing system is crucial. You don’t want to sign a contract with a supplier or buyer without knowing all of your payment term options, because you might be missing out on terms that are more suitable for both your business and […]

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What Is Working Capital Financing?

Grey Idol — Wed, 17 Nov 2021 22:03:07 +0000

It’s not uncommon for companies to not have enough cash on hand for their daily operations. This is why 20% of new businesses fail during their first two years of opening, 45% during their first five years, and 65% during their first decade. Whether you are finding it difficult to get new stock, buy new […]

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Is Invoice Factoring Possible with Bad Credit?

Jim Pendergast — Wed, 11 Aug 2021 15:19:18 +0000

Your business might turn in a profit on paper, but if cash flow is limited, covering operational expenses can be a challenge. But for businesses with bad credit or a limited credit history, finding funding to cover expenses isn’t so straightforward. That’s where alternative financing options such as invoice factoring come into play. Factoring is […]

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Get Your Invoices Paid Faster with Freight Broker Factoring

Jim Pendergast — Tue, 27 Jul 2021 00:00:35 +0000

As a freight broker, you depend heavily on prompt invoice payments to pay operating costs and carriers. However, sometimes you must wait for weeks or even months for payment, causing negative cash flow and mounting debts. To grow your business and be competitive in the market, you need access to cash to keep up with […]

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Trucking Factoring Rates: How Much Do Freight Factoring Companies Charge?

Grey Idol — Thu, 24 Jun 2021 18:02:27 +0000

After learning about what freight factoring is, the next step is to find out how much it factoring costs when you include all rates and fees associated with this alternative financing solution. Then, you can gauge whether or not freight factoring makes sense for your trucking company. Continue reading to learn about what will determine […]

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How to Finance a Trucking Business

Grey Idol — Thu, 24 Jun 2021 15:37:51 +0000

With more and more consumers preferring to shop online, the demand for shipping services keeps rising. The trucking industry has been picking up pace in recent years, considering that trucks transport 70% of the total domestic freight tonnage. As per recent research, 63% of online shoppers expect their package to arrive in under three days […]

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What You Should Know About Taxes and Factoring

Grey Idol — Wed, 26 May 2021 19:59:33 +0000

Business owners often struggle with slow-paying customers or long payment terms causing cash flow problems, putting a cramp on finances. This is why more and more businesses are turning to invoice factoring for faster liquidity by getting paid faster. While factoring has been around for a while, it’s still a relatively unknown alternative funding solution […]

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Purchase Order (PO) Financing vs. Factoring

Jim Pendergast — Tue, 11 May 2021 16:25:09 +0000

Just about every business will run into issues with available funds at some point. While intermittent cash flow problems are normal, particularly for growing businesses, it’s important to stay one step ahead by securing financing. But what if you run a small business and can’t qualify for a traditional bank loan or line of credit? […]

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Recourse Factoring vs. Non-Recourse Factoring

Jim Pendergast — Tue, 04 May 2021 16:10:07 +0000

In order to survive in today’s competitive market and ultimately generate a competitive edge, a company must weigh the short-term and long-term implications of various funding solutions, one of which is invoice factoring. Factoring can prove a great way for small business owners to improve cash flow. But before partnering with a factoring company, there […]

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What is Debt Factoring?

Grey Idol — Tue, 04 May 2021 16:09:20 +0000

Business owners should always seek out ways to leverage their assets. One way to do so is by utilizing debt factoring, which is a specific form of alternative financing designed to help businesses quickly boost cash flow without incurring debt. Sometimes referred to as invoice factoring, debt factoring is based on selling receivables to a […]

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Get Your Invoices Paid Faster With Professional Services Factoring

Jim Pendergast — Wed, 28 Apr 2021 19:43:52 +0000

As a professional service provider, you depend on prompt invoice payments to cover operating costs and staffing expenses. Unfortunately, sometimes you have to wait weeks or even months for customer invoices to clear, leading to a cycle of negative cash flow and increasing debt. To keep growing your business and stay competitive in the professional […]

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Get Your Invoices Paid Faster With Janitorial and Commercial Cleaning Factoring

Jim Pendergast — Wed, 28 Apr 2021 19:30:24 +0000

When running a janitorial or commercial cleaning company, it can be tough to juggle back-office operations like invoice management and payroll alongside cleaning operations. It does not help that many customers prefer to pay with invoices on extended payment terms, leading to a frustrating cycle of negative cash flow and mounting debt if they delay […]

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Get Your Invoices Paid Faster With Food Distributor Factoring

Jim Pendergast — Wed, 28 Apr 2021 19:19:37 +0000

Big and small food and beverage companies often experience cash flow issues due to unpaid invoices. Long payment terms lead to cash crunches, meaning companies usually have to take out loans with high fees to stay productive. To keep your company growing and competitive in an ever-changing food and beverage market, you need cash to […]

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Get Your Invoices Paid Faster With Wholesale And Distribution Factoring

Jim Pendergast — Wed, 28 Apr 2021 18:59:13 +0000

The wholesale and distribution industry depends on prompt invoice payments to cover operating costs and product purchases. Because your company is the middleman between manufacturers and retailers, you may experience payment delays for weeks or even months, creating a cycle of negative cash flow and increasing debt. To keep growing your company, reduce stress, and […]

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A Guide to Oilfield Factoring Services

Jim Pendergast — Fri, 23 Apr 2021 20:01:41 +0000

Intense competition in the American oil and gas industry leads to low prices, meaning you don’t have a large profit margin. It’s made worse by customers taking weeks or even months to pay, resulting in cash crunches that create a frustrating cycle of negative cash flow and increasing debt. To keep growing your oil company […]

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Get Your Invoices Paid Faster With Apparel And Clothing Factoring

Jim Pendergast — Thu, 22 Apr 2021 21:43:13 +0000

In the apparel and clothing industry, it can be tough to juggle back office operations, like invoice management and payroll, alongside your creative workflows. With thin margins and seasonal changes, the textiles industry can feel overwhelming, and it doesn’t help that you sometimes need to wait for weeks or even months for customers to pay, […]

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How to Record Invoice Factoring Transactions

Grey Idol — Thu, 18 Mar 2021 20:05:55 +0000

Because the invoice factoring process is so unique in business financing, recording invoice factoring transactions can seem complicated at first. Before recording factored invoices, business owners and stakeholders need to fully understand how the process works along with the ins and outs outlined in the factoring agreement. You might be surprised at how simple factoring […]

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What Is Spot Factoring?

Grey Idol — Thu, 18 Feb 2021 18:16:10 +0000

Spot factoring, also known as single invoice factoring, is a way for companies to improve cash flow without taking out a loan or selling equity. Spot factoring differs from traditional invoice factoring because it is primarily used to factor a single large invoice, rather than a set of invoices. It tends to be more expensive […]

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Understanding Factoring Agreements and Contracts

Jim Pendergast — Mon, 08 Feb 2021 19:30:11 +0000

As small businesses grow, financial obligations also expand, and that can create more of a burden on the company’s owners. Instead of diving back into their own pockets or looking to family and friends for more financing, many small business owners will turn to factoring agreements. Factoring agreements involve third-party companies funding business’s outstanding invoices […]

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What is Accounts Receivable Factoring and How Does it Work?

Michael McCareins — Fri, 08 May 2020 15:10:51 +0000

One of the most common issues facing small businesses are cash flow problems. Whether it’s caused by customers not paying on time or a reduction in sales, a lack of cash on hand can derail your company’s progress. Thankfully, you have financing options to keep your business rolling, regardless of your business’s size, age, or […]

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What Is a Factoring Company?

Jim Pendergast — Thu, 23 Apr 2020 18:45:40 +0000

Cash flow can make or break a business, especially when customers take weeks, or even months, to pay their invoices. Factoring companies help businesses that struggle with cash flow to access working capital, even when their customers have yet to pay. In this article, we will cover what a factoring company is, how invoice factoring […]

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Why Bank Factoring Companies Are Better Than Independent Companies

Jim Pendergast — Wed, 08 Jan 2020 09:55:23 +0000

If you’ve already determined that invoice factoring is a good fit for your business, the next step is to identify the best factoring company for you. There are many different providers to choose from – so how do you know which is the best? There are two types of factoring companies: independent factors and bank […]

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How to Choose a Factoring Company for Your Business

Grey Idol — Fri, 15 Nov 2019 20:17:18 +0000

Considering invoice factoring as a cash flow solution for your business? With so many options, choosing a factoring company may seem intimidating because no two factoring companies operate the same way. They might specialize in different industries, offer varying terms and fees, and use different language. These differences mean it’s necessary to do your research, […]

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Why You Shouldn’t Always Choose the Cheapest Factoring Company

Grey Idol — Fri, 13 Sep 2019 15:29:49 +0000

No one likes to pay too much for a product or service, which is why we all shop and compare when we buy just about anything. But, when it comes to certain types of business services, you typically get what you pay for, which can end up costing you much more in many ways. You […]

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Is Factoring a Loan? How It Works

Jim Pendergast — Tue, 20 Aug 2019 19:58:05 +0000

Many small business owners wonder if accounts receivable factoring, also called invoice factoring, counts as a loan. The short answer is no. Factoring is a financing method that provides cash based on unpaid invoices, not borrowed money that must be repaid with interest. This article explains how factoring works, why it is different from a […]

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5 Reasons Factoring Receivables Makes Sense

Jim Pendergast — Tue, 23 Jul 2019 15:23:54 +0000

There’s nothing more worth celebrating for a business than getting a major new customer or a big new order. It’s an exciting time for everyone in the business as it ramps up production, adds staff, and buys inventory in anticipation of new revenue. However, if it’s a typical business that operates from invoice to invoice, […]

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Does Invoice Factoring Affect My Credit Score?

Grey Idol — Mon, 15 Jul 2019 15:36:52 +0000

Successful business owners know how important their business credit score is. Building and maintaining a solid credit score is crucial for businesses as it can impact their ability to access capital as well as their credibility with vendors and customers. However, as less established businesses work to build their credit score, their access to traditional […]

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Get Your Invoices Paid Faster With Startup Factoring

Grey Idol — Tue, 09 Jul 2019 18:23:04 +0000

One of the greatest challenges of running a startup business is achieving a positive cash flow to grow your company and pay expenses. Unfortunately, many startups’ finances depend on customer invoices that can take weeks or even months to be paid, creating a cycle of negative cash flow and increasing debt. Invoice factoring for startup […]

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Invoice Factoring vs. Invoice Discounting: What’s the Difference?

Grey Idol — Mon, 01 Jul 2019 15:23:30 +0000

The rising popularity of invoice factoring as a no-fuss, no-muss funding source for businesses has spawned an entire industry of factoring companies offering a range of options to address the varying types, needs, and preferences of businesses. But factoring isn’t the only alternative financing solution you’ll come across. There’s also what some factoring companies call […]

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The Invoice Factoring Approval Process

Grey Idol — Fri, 28 Jun 2019 21:07:14 +0000

An increasing number of businesses are discovering the advantages of invoice factoring, the biggest of which is quick access to capital. Anyone who has applied for a business loan through a bank understands how cumbersome and lengthy the process can be, often taking weeks for approval. Compare that to three or four business days for […]

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Invoice Factoring Advantages and Disadvantages

Grey Idol — Tue, 28 May 2019 19:16:30 +0000

Invoice factoring has become an extremely popular financing tool for small, growing, and new businesses to keep cash flow steady. But like any funding solution, factoring comes with its pros and cons. Before partnering with a factoring company, you’ll want to know what you’re getting into. While factoring is generally considered low risk compared to […]

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Invoice Factoring Myths and Misconceptions

Grey Idol — Sat, 20 Apr 2019 18:59:10 +0000

All growing businesses reach a critical juncture when they need access to capital to get to the next level. Whether it’s for hiring more staff, expanding operations, buying inventory, or taking on new customers, small businesses often come up short due to the lag between growing sales and the cash flow it creates. Factoring invoices […]

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Get Your Invoices Paid Faster With Consulting Firm Factoring

Grey Idol — Mon, 24 Jul 2017 18:46:08 +0000

Many consulting firms spend lots of money upfront to hire the best personnel and train them to their standards. Unfortunately, some customers make you wait weeks or even months for payment, leaving you to foot the bill, increasing debt and disrupting cash flow. To grow your professional consulting firm and compete in the market, you […]

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Get Your Invoices Paid Faster With Manufacturing Factoring

Grey Idol — Mon, 03 Apr 2017 17:48:20 +0000

For businesses in the manufacturing industry, maintaining consistent cash flow is one of the most significant challenges because prompt invoice payments are required to achieve it. Unfortunately, because long invoice payment terms are common in the industry, cycles of negative cash flow and mounting debt can occur, particularly when dealing with slow-paying customers. A solution […]

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Invoice Factoring vs. Bank Loans

Jim Pendergast — Thu, 12 Jan 2017 17:35:37 +0000

Every business needs funding at some point. Some need it just to get started, others need it to meet payroll, and others need it for business expansion purposes. But not every type of funding will be available to business owners. If you run a small business, you may be restricted to alternative financing due to […]

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Is Invoice Factoring the Same as AR Financing?

Grey Idol — Tue, 08 Nov 2016 18:19:02 +0000

Does your business need financing to expand or improve cash flow? If so, invoice factoring and accounts receivable financing are two forms of receivables financing worth exploring. A tremendous amount of information exists about these two financing solutions, but after researching, you might be left feeling confused. Many sources use the terms factoring and accounts […]

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How to Switch Factoring Companies

Grey Idol — Wed, 21 Sep 2016 21:18:48 +0000

A factoring relationship can be exciting at first, as your company’s cash flow improves and you have a process in place to efficiently factor your receivables. Over time, however, you may find that your existing provider is no longer the right fit due to customer service issues, limits on factoring certain debtors, or other challenges. […]

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What is a Notice of Assignment?

Grey Idol — Tue, 13 Sep 2016 18:36:01 +0000

If you’re a business owner considering invoice factoring, the notice of assignment (NOA) may cause you some confusion or even concern. What will my customers think? Why is an NOA necessary? Perhaps you might not even fully understand what an NOA is. Let’s address these questions to clarify what a factoring notice of assignment covers […]

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Is Invoice Factoring Float Costing You?

Grey Idol — Thu, 25 Aug 2016 18:59:14 +0000

Every invoice factoring company structures a deal a little differently, so it’s often difficult to compare proposals. By focusing on a few key aspects of invoice factoring agreements, we aim to help business owners make better, more informed financing decisions. We’ll be taking a closer look at four important areas of an invoice factoring agreement: […]

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Invoice Factoring Rates Explained

Grey Idol — Thu, 25 Feb 2016 22:28:11 +0000

Invoice Factoring Rates Explained Table of Contents Written by: Every factoring company does things a bit differently. In order to better equip borrowers in evaluating their options, we’ve put together a helpful guide on our invoice factoring rates to reveal exactly how much factoring costs with altLINE. Key Takeaways Factoring Rates Vary: Invoice factoring rates […]

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