Welcome!

What I have found in the world of receivables finance is that most small to medium size business owners (outside of trucking and apparel businesses) are mostly unfamiliar with the mechanics of how this type of financing works.

Statistics have been presented that show over 70% of small business owners in the United States do not even know that there is a way to accelerate the conversion of your accounts receivables to cash.

I know in these challenging economic times that a majority of those people could benefit from learning about the concepts behind factoring their invoices and, in some instances, using their purchase orders as a means to obtain the support of a funding company.

The most frequently asked question I get is: How does this work?

It is really pretty simple. If you sell to creditworthy business customers on terms of say, Net 30 days, there are companies that will provide cash against that invoice.

How many situations have you experienced where your customers are taking longer and longer to pay and if they would just pay you a bit faster you would have been able to take on more business.

What about being able to meet payroll, taxes, and other operating costs?

I know plenty of people who just don't want to wait 30, 45, even 60 or 70 days to get paid: Are you one of them?

This blog will attempt to explain different aspects of how this kind of financing works, provide examples of how it has helped other business owners, and the various specialized products available.

If you have any suggestions for topics, or just have questions, please do not hesitate to contact me and share your thoughts.