by Peter Doemel | Mar 12, 2021 | Factoring, Getting Results, Making Changes
You did it. You pulled the trigger and secured a factoring agreement. Congratulations! Next, you’ll want to understand the areas where factoring mishaps can potentially happen so you may avoid making these mistakes. Factoring is an excellent option to bridge cash flow...
by Peter Doemel | Jan 28, 2021 | Factoring, Growth
When it comes to finding the right people to build your client’s temporary workforce dream team, your staffing agency is rock solid. But waiting for the cash to hit the bank feels like it takes a lifetime. Frequently, the short-term cash flow gap between when...
by Peter Doemel | Jan 13, 2021 | Factoring
There are not many results for the tax effect of factoring fees when you do a quick Google search. Why? The tax policy updates are indirect and related to interest deductions requiring a deep dive into the tax code. When a company sends invoices to a factoring company...
by Peter Doemel | Dec 31, 2020 | Factoring
If you’re looking for alternative financing options, chances are you’ve come across invoice factoring or account receivable factoring. While the concept might be one you’re just discovering, the practice is one of the oldest financing options dating back 4,000 years...