Factoring Receivables is a type of financing where a business will sell its good invoices to a factoring company. Invoices can be sold on a recourse or non-recourse basis. Factoring…
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The first payment to your company, the Factoring Advance, is typically 80-90% of the invoice value and is made once the invoice is received and verified. As stated above, our…
The Federal Acquisition Regulations (FAR) is a substantial and complex set of rules defining the federal government’s purchasing process with suppliers. Selling to the government can be a great way…
FOB is an acronym for “free on board”. In the US FOB is commonly used when shipping goods to indicate who pays loading and transportation costs, and/or the point at…
Generally Accepted Accounting Principles (GAAP) represents the standard account practice guidelines or the common way financial accounting is reported and recorded for a company (public or private), not-for-profit organization, or…