8 Great Reasons to Sell Your Accounts Receivable (Invoice Factoring)
We have discussed invoice factoring from several angles on this blog. We have explained the basics of invoice factoring and how it can help businesses grow, talked about the benefits of factoring for improving business cash flow, and outlined the history of invoice factoring and its growth in the 21st century. Recently, we even offered up 6 reasons to choose invoice factoring over a traditional bank loan. Well, sometimes infographics can be incredibly helpful to understanding, so here’s one that offers eight great reasons to sell your accounts receivable (invoice factoring).
For more info about invoice factoring, see our blog posts:
- What Is Invoice Factoring? (And How Factoring Can Help Your Business Grow)
- 5 Reasons to Use Invoice Factoring to Supercharge Your Business Cash Flow
- The History of Invoice Factoring (And Factoring’s Growth in the 21st Century)
- Invoice Factoring vs. Bank Loans: 6 Reasons to Choose Factoring for Your Business
American Commercial Capital, LLC, has provided invoice-factoring services to Houston-area small businesses since 2003. We also provide factoring services to businesses in San Antonio, Dallas, Austin, Fort Worth, and other nearby cities in Texas.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
In this week’s business video roundup, Entrepreneur’s Elevator Pitch showcases some of the series’ best pitches yet, business maven Dan Lok gives his hard-won advice for dealing with both failure and success, and we get a nice overview of Jeff Bezos’s three rules for efficient business meetings, which has proven to be game-changing at Amazon. Plus, KHOU-11 talks about a new study that reveals what we’ve known for some time:…
If you’re a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you’ve come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don’t know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring…
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk chats with Manhattan-based restauranteur Michael Chernow about life, motivation, and thriving in business; Entrepreneur‘s Elevator Pitch sets its sights on businesses in the cannabis industry; and CNBC explores the impact that Amazon is having on the business of shipping boxes. Plus, Evan Carmichael presents Simon Sinek’s top 10 rules of success and The Small Business Revolution…