Invoice Factoring: What is it &  How it works?

Invoice factoring is commonly referred as accounts receivable factoring, accounts receivable financing or debtor finance. Invoice Factoring occurs when a business sells its accounts receivable (invoices) to a third party (eg. factoring companies) at a discount. Factoring companies provide cash advance to businesses against assignment of the account receivables. The factoring company then takes over [...]

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5 strategies to boost your business cash inflow

By CapitalBay Request deposits on custom or large orders Require a security deposit equivalent to a minimum of 50% of the total price when dealing with a unique or large order. Without the deposit amount, you are subject to the risk of receiving a reduced payment at delivery time. Having deposits minimize the likelihood of [...]

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