Every business needs to stock the equipment and supplies necessary to run daily operations. Even here at Thales Financial, where invoice financing is our specialty, we need to stock certain things. We need computer equipment and office supplies. We need software. We could be shut down if we didn’t pay attention to stocking what we need to keep on hand.
Here at Thales Financial, the service we provide is known by many different names. It is called invoice factoring and invoice finance. It is also called debt factoring. For the purposes of this post, we will use that last term. We will discuss the types of businesses that utilize debt factoring as a way to raise cash quickly and efficiently.
Every growing business reaches a point at which decisions about expansion need to be made. Moving forward will require making decisions that could potentially jeopardize the company’s cash position. But if steps are not taken to move forward, expansion won’t occur. Enter debt factoring.
Companies in need of cash have options. One such option is invoice finance. Also known as invoice factoring, it is the practice of selling unpaid invoices to a factoring company…
Businesses have options when it comes to raising cash. Small business loans and their hard money counterparts are the first things that come to mind. But there is another option known as invoice factoring. Invoice factoring is a different way to raise cash. In fact, it is not even in the same league as bank and hard money loans.
Factoring your invoices is a quick and easy way to raise cash. It is also an alternative if you apply for small business loans and are denied. Of course, the reasons for denial could play a role in determining your ability to factor invoices, so keep that in mind.
Collecting on overdue invoices is one of the most uncomfortable aspects of running a business. But it has to be done. When customers don’t pay their bills, they are jeopardizing your business as well as their own. Too many unpaid invoices can lead to financial ruin. As a company that specializes in invoice factoring, we have seen this happen one too many times.
Invoice factoring for small business is what we specialize in here at Thales Financial. Many years of working in this industry have given us tremendous insight into how small businesses handle billing and payments. One of the most important things we have learned over the years is that managing invoices is different than merely collecting them.
Competing in the modern business world requires a willingness to develop cross-border markets. Whether that means staying on the continent or developing overseas operations, going global costs money. It can…
Our status as a factoring company affords us the opportunity to work with all types of businesses looking to convert unpaid invoices in the cash. It is not unusual for…
A recent market research report shows that the global invoice factoring is expected to grow by nearly 10% between now and 2031. Given that we are in the invoice factoring…
A need to better manage cash flow is one of the main driving forces that encourage business owners to delve into the world of invoice factoring. Also known as invoice…