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When the Customer Won't Pay
By Janet Attard As the recession grinds on, more and more businesses and consumers are feeling the pinch. Hit by a double whammy of lower-than-expected sales and difficulty in getting credit, some businesses and consumers are trying to solve their cash......

Three Advantages of Hiring an Invoice Factoring Company
In the current post-recession economy, many business owners have been forced to delay plans to expand their businesses because of a lack of funding. Often customers do not pay their invoices until more than a month after the work has been completed and th......

Accounts Payable – Accounting For Your Creditors
When a small business owner purchases stock or services from a provider, it is standard practice that the vendor will give them credit. This will then develop part of the businesses Accounts Payable. This is an advantage as you will not have to pay for an......

Accounts Receivable: The Way to Increase Profits of Business
Accounts receivable is one of a sequence of accounting transactions dealing with the billing of clients who owe money to a person and organization for goods and services. This is typically done by creating an invoice, then mailing or delivering it to each......

The Meaning of the Word Factoring
Many people know tthe word "factoring" as the mathematical process used in solving problems, and even more specifically, polynomial equations. But for small businesses, there is another definition for factoring. Factoring, or invoice, is also a financial ......