Factoring Companies

10 Reasons IT Staffing Should be Using Invoice Financing

10 Reasons IT Staffing Should be Using Invoice Financing

IT staffing services are vital to ensuring businesses can run efficiently. But, running a staffing company often requires fast and flexible funding to ensure that payroll for your most important resource, your people. We’ve compiled the top 10 reasons that IT staffing services may want to consider invoice financing or “factoring” for competitive lending rates […]

Hire a Factoring Company for Slow-Paying Clients

Hire a Factoring Company for Slow-Paying Clients

Nothing eats away at the success of a business like the slow-paying client. They reap the benefits of your prompt goods and/or services, and then they dawdle when it’s time for your reimbursement. Not only do you, as the company, suffer from a lack of cash flow; you also become stretched for time. The same […]

How to Get Money For Construction Companies

How to Get Money For Construction Companies

Construction companies of all shapes and sizes are costly. The equipment alone is enough to challenge a bank account, but money has to be used for more than just equipment. Construction companies need access to funds for the rent, salary, office supplies, insurance, and much more. Maintaining this kind of working capital is hard, but […]

5 Reasons Companies Choose Factoring

5 Reasons Companies Choose Factoring

Businesses across the country are seeking innovative financing solutions. One very popular financing solution is called factoring. Factoring is a type of finance in which a company sells its invoices to an accounts receivable financing company at a discount in order to receive fast working capital. (Are you in need of cash flow? Learn more […]

Merchants Cash Advances - Payday Loans for Businesses

Merchants Cash Advances – Payday Loans for Businesses

What are merchants cash advances? More importantly, why should you avoid them at all costs? Porter Capital has your answers below. Merchant Cash Advances The benefits of merchants cash advances for businesses are:   speed (you get your loan in 2 – 5 days!) little paperwork, and  easy repayment terms (the payments are taken directly […]

Banks Vs. Factoring Services: What Works Best

Banks Vs. Factoring Services: What Works Best

Quite frequently businesses find themselves needing extra working capital. The need for extra equipment, payroll, recruitment, etc., all but bores a big hole into a budget. This is especially true if you are providing a service that requires invoicing in order to receive a payment. Waiting on an invoice payment can sometimes take up to […]

Why Do Companies Choose Factoring?

Why Do Companies Choose Factoring?

Many startups and small businesses have one thing in common – they need working capital, but they aren’t sure where to turn. Factoring is a good way to get the cash your business needs, when you need it. What is factoring? What types of companies are good candidates for factoring? Why do companies choose factoring? […]