What is Advance?

The amount of money that the factoring company advances to the client when they buy their invoice. The advance is usually a percentage of the gross invoice value and is advanced to the client soon after the invoice is purchased.

3 Reasons Your Customers Will Like Invoice Factoring

3 Reasons Your Customers Will Like Invoice Factoring

Companies of all sizes use invoice factoring (a.k.a accounts receivable financing) to get the capital they need to grow their businesses. Not only has invoice…
3 Reasons Why Trucking Companies Use Freight Factoring

3 Reasons Why Trucking Companies Use Freight Factoring

Why do so many trucking and transportation companies include freight factoring as part of their financing toolkit? The business rationale for choosing factoring for trucking…
5 Reasons Alternative Banking Helps Small Businesses Thrive

5 Reasons Alternative Banking Helps Small Businesses Thrive

When seeking business financing, it is important to conduct a thorough evaluation of your business and educate yourself about the many financial options available. Here…