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Posts Tagged ‘Accounts’

Several agencies of the US government support departments that have mandates to help you increase your export sales and minimize risks with regard to the sales of products and services to Africa. These departments exist within US agencies such as the Export-Import Bank of the United States, the Department of Commerce, and the Overseas Private Investment Corporation. All are supported by a relatively recent law called: The African Growth and Opportunity Act. The African Growth and Opportunity Read More

Accounts Receivable Financing- The Weight explores the heavy burden businesses face when their products or services suddenly become very successful. There are several financing techniques available to accelerate cash flow to meet this challenge. Cash flow is essential for every business. Cash flow is an accounting term that refers to the amount of money received and spent by a business during a specific period of time. Working capital is a similar but different financial term that is based on Read More

According to Wordreference.com English to Spanish dictionary, the Spanish word “bueno” has about seven meanings: good, kind, well, nice, considerable as in a considerable amount of money, gorgeous and real. As used in this article bueno is used to suggest that if you are in the import or export business, Mexico is a good country to consider with special opportunities for U.S. traders and financing available in the form of accounts receivable financing. Your business can make a Read More

Many people grew up reading Superman comics for fun. Ask yourself, would it be wonderful (think of this as a metaphor) if your B2B business was â??faster than a speeding bullet, more powerful than a locomotive and able to leap tall buildings in a single bound?â? Would your business benefit if you could always have the cash from your invoices when you needed it? Would your business benefit if cash available for growth was virtually unlimited? Would your business benefit if you could Read More

Four thousand years ago, a long time before banks were invented, the concept of accounts receivable financing, or factoring, was invented somewhere in the midst of the Roman Empire. Why did this make merchants happy? Because they would be paid for their merchandise many months before payment for their merchandise was received. With this cash in hand, suppliers, employees and Imperial taxing authorities could be paid. These financing agreements were based on long term relationships and Read More

The word “hot” has over forty different meanings, according to the Merriam-Webster Online Dictionary. As used in this article, the word “hot” is used to mean: “6 a : of intense and immediate interest b : unusually lucky or favorable c : temporarily capable of unusual performance (as in a sport) d : currently popular or in demand e : very good ”. The words eager, zealous and fresh are second place synonyms for the hot idea of accounts receivable financing. When a B2B business Read More

Accounts receivable financing is another name for factoring. It simply means selling your slow paying invoices at a discount to a factor in return for immediate cash. Factoring improves your cash flow and greatly simplifies your accounting process because once you factor your receivables i.e. sell your invoices, the factor becomes the owner and the invoices then reflect on the factor’s books of accounts. The collection of payment related to the invoices is also taken care of by the Read More

For small and medium businesses or those which are in their growing stages, to obtain finances is a very tough task. Bank loans are not easily provided to such organizations as they take into consideration factors like number of years in business, assets and other factors. Moreover getting a loan is a time consuming process. In situations, where organizations have customers who pay in a period of 30 to 60 days or more, managing funds becomes difficult. They may miss out on an opportunity to Read More

Growing and emerging companies require immediate capital in order to facilitate their successful ventures. These start up companies often face a deficit of working capital needed for the smooth functioning of their daily operations as most of their capital is blocked in accounts receivables. In layman’s terms it means that the growing company performs the service or delivers the product to the client, and then bills them. However as per business norms the payment is usually held up and Read More

There is a reason why accounts receivable financing is a four thousand year old financing technique: it works. Accounts receivable financing, factoring, and asset based financing all mean the same thing as related to asset based lending- invoices are sold or pledged to a third party, usually a commercial finance company (sometimes a bank) to accelerate cash flow. In simple terms, the process follows these steps. A business sells and delivers a product or service to another business. The Read More