How is Factoring Different than Bank or SBA Loan? When businesses face cash flow challenges, they often explore various financing options to bridge the gap. Two common alternatives are ... February 5, 2021
What is Recourse Verses Non-Recourse Factoring? In the world of business financing, factoring has emerged as a popular option for companies seeking to improve cash flow ... December 18, 2020
Can I Factor My Past Due Invoices? Most factors will purchase invoices that are slightly past due. If you have net 30 payment terms a factor may ... December 8, 2020
Will You be Bugging My Customer? American Funding will never bother your customer. We try to stay behind the scenes and allow you to maintain the ... November 13, 2020
Will My Customer Need to Complete a Credit Application? Your customer will not need to complete a credit application. Instead, American Funding will pull a No soft credit inquiry ... October 23, 2020
Is Factoring Expensive? Factoring Your Receivables is an excellent way to increase your cash flow, but how much does it really cost? Typically, ... October 15, 2020
Will I Build my Business Credit by Factoring? Managing cash flow while building a strong business credit profile is essential for long-term growth. In this article, we’ll delve ... October 8, 2020
What is PO Funding? How is it Different than Invoice Factoring? Purchase order financing (PO funding) helps businesses fulfill product orders. If sales outpace your incoming cash flow, then purchase order ... October 2, 2020
What is a Notice of Assignment? In the world of factoring, a Notice of Assignment plays a crucial role. It’s a formal communication that a factor ... September 25, 2020
What if My Customer is Also a Small Business? A large part of your ability to fund invoices with a factor will hinge on the creditworthiness or your customers. ... September 15, 2020