Factoring news
Why Your Factoring Provider’s Funding Structure Matters More Than You Think
Posted onWhen businesses choose a factoring partner, they usually prioritize speed, pricing, and service. These are important, of course. But there is another question that deserves just as much attention: How is your factoring provider funded? In a market where access…Invoice factoring: What is it, and how does it work?
Posted onIn today’s fast-paced business world, maintaining cash flow is more critical than ever. One innovative solution for this is invoice factoring, a financial tool that allows businesses to manage their cash flow more effectively. But what exactly is invoice factoring,…What industries is factoring suitable for?
Posted onIn the business world, companies continually seek methods to enhance their financial flexibility and optimize their working capital. One of the tools increasingly used to achieve these goals is factoring. Factoring is a financial service in which a company sells its outstanding…Payment reminder: how to make and when to send it?
Posted onFollowing up on outstanding invoices is crucial for maintaining a company’s healthy working capital and cash flow. An effective way to do this is to send payment reminders to customers who are behind on their payments. In this blog, we will discuss how to…What is DSO and how do you calculate it?
Posted onWhen you are managing your finances as an entrepreneur, you often come across terms that are crucial to understanding the health of your business. One such term is ‘DSO,’ which stands for ‘Days Sales Outstanding,’ or the average days’ sales…What is an invoice and what are the requirements?
Posted onInvoicing is an essential part of any business, regardless of size or industry. An invoice is an official document that confirms the sale of goods or services and establishes the customer’s payment obligations. It is not only an administrative task…Grow your business with factoring
Posted onEveryone obviously wants their business to thrive and grow. Yet sometimes, it is difficult to encourage business growth. This can come from economic trends, but it also depends on the business. For example, a company that has just started may…When does factoring make sense?
Posted onFactoring can offer many advantages, but it does not always make sense depending on your company’s situation. But when does factoring make sense? Below, we have described some situations where factoring is a valuable addition. For improving liquidity and cash…Factoring or business loan as financing?
Posted onAs an entrepreneur, it can sometimes be difficult to get enough capital to grow your business. A business loan and factoring are two possible options to solve this problem. In this article, we will discuss the pros and cons of both options,…Borrowing money without a bank
Posted onBorrowing money without a bank is an option that more and more people are considering. You may have a poor credit history, no steady income, or don’t want to wait for the lengthy application process of a traditional bank loan….Comparing factoring companies, what to look out for?
Posted onFactoring companies are an important part of the financial sector. They are companies that focus on financing entrepreneurs by taking over outstanding invoices. This way, a business owner can have cash flow quickly and does not have to wait for their customers’…Liquidity problems: how to solve them?
Posted onLiquidity problems can happen to both individuals and businesses and pose a challenge to financial health. Liquidity it important. Insufficient cash to meet financial obligations can lead to late payments, debt and even jeopardise the survival of a business. Fortunately, there are…What is solvency?
Posted onInsolvency is a legal term used to describe when a person or organisation is unable to meet its financial obligations. This can happen when a person or organisation does not have enough money to pay its debts or when a…How does factoring work?
Posted onTired of waiting even longer for the money from unpaid, sent invoices? Then factoring is the solution for you. This alternative method of financing for entrepreneurs ensures that you are no longer dependent on the applicable payment term. Even better: with factoring from Factris, you…What is liquidity?
Posted onLiquidity is a financial ratio, just like profitability and solvency. These ratios are used to understand the development of your business. Liquidity shows how well a company can meet its short-term payment obligations. So how flexible a company is financially….All about pre-financing VAT
Posted onEvery entrepreneur has to deal with it: paying sales tax. In doing so, you pay the VAT that you, as a company, have charged the customer. However, it unfortunately happens more than once that the customer has not yet paid…How to improve solvency?
Posted onIs your business in good financial health? In general, this is of course very important, but especially when applying for business financing, this question plays an important role. Because as an entrepreneur, when you apply for such business financing, the…Tips to get an invoice paid faster
Posted onIt is vital for any business that debtors pay invoices on time. Unfortunately, in practice, not every outstanding invoice is paid on time. However, you have a number of options to speed up payment. If you use the tips below, you…How to calculate working capital?
Posted onA healthy working capital is very important for any business. Without sufficient working capital, sooner or later you as a business will not be able to meet your monthly financial obligations. But what is working capital? And what does working capital actually…What is a healthy working capital?
Posted onA healthy working capital is vital for any business. When you are short of working capital, you can run into problems paying day-to-day expenses. A healthy working capital is therefore often thought to mean: the more, the better, yet this…What to do with unpaid invoices?
Posted onAs an entrepreneur, it is very annoying if you often have to wait a long time for payment of invoices sent. Nevertheless, it unfortunately happens more than once that it takes a very long time for the paying party to…The alternative forms of financing for a business
Posted onWhen you are an entrepreneur looking for funding to grow your business, most people will go to the bank to apply for a loan that way. But there are more ways to finance the start-up and/or growth of your business….Types of factoring
Posted onDifferent types of factoring Factoring is an increasingly popular alternative method of financing for entrepreneurs. And that is not surprising, because factoring is the way par excellence to receive money at very short notice for work completed earlier, for which the invoice…What is credit insurance?
Posted onWhen you deliver products or services on account, you naturally want the invoice sent to you to be paid as soon as possible. Unfortunately, the invoice is often paid late or not at all. But what if, for example, your…What is a line of credit?
Posted onA line of credit is a well-known and widely used form of alternative financing for many businesses and companies. In many situations, a line of credit is a convenient way to create more financial leeway. Nevertheless, before applying for the…What is factoring?
Posted onNever heard of factoring before, or want to know more about it? No problem, we are happy to explain it to you. Because what exactly is factoring, how does factoring at Factris work, what types of factoring are there, and for whom…What is credit management?
Posted onIt is important for any business to optimise working capital and minimise credit risks. Credit management ensures that these goals are achievable and gives you every opportunity to build on the success of your business. However, maintaining tight credit management…What is a factoring company?
Posted onA factoring company provides an alternative form of financing with immediate payment of your outstanding invoices. You sell the invoices to the factoring company and get the money in your account within 24 hours. Factoring companies charge a small fee…The Pros and Cons of Factoring
Posted onMore businesses than ever before are turning to factoring to meet their financing needs. Find out what the benefits and downsides are to see if it’s right for you. No matter how rich the soil is, a farmer is not…Netherlands Construction and Manufacturing Slows
Posted onDutch construction and manufacturing companies are hampered by reduced demand, emissions issues and skilled labour problems Recent reports from the credit insurance company Atradius reveal signs of a slowdown in Dutch construction and manufacturing. The report on manufacturing revealed that, despite robust…EU Banks to restrict lending to SMEs
Posted onA regulatory framework for banks will soon change across Europe SMEs trying to secure loans from banks will suffer the most from these changes 70% of SMEs rely on bank loans, signalling trouble for millions of small businesses Changes in…Why Does Factoring Remain Out of Reach for Peer to Peer Platforms?
Posted onCall a taxi, order dinner, pay your bills – all from the computer on your lap or the smartphone in our hand. Without question, we’re using new technology more and more to accomplish everyday tasks. Some are even trying to…How serious of a problem are late payments
Posted onLate payments are toxic to the growth, profitability, and sustainability of your business. What can your business do about this debilitating problem? Ask yourself a question: Is your business moving forward or backward? Many would enthusiastically respond, “forwards!” —perhaps with…How your seasonal SME can weather challenges throughout the year
Posted onAn age-old proverb to anticipate what the weather will bring goes like this: “Red sky at night, sailor’s delight; Red sky at morning, sailor take warning.” To plan, sailors need to know what weather awaits them: When will the sea…There is a dark side to exporting, but it can be avoided
Posted onThe desire to grow is probably high on every business owner’s agenda. Some start out trading in their domestic market and then move on to explore overseas opportunities when circumstances permit, while others go global immediately. But the trend is…Leveraging the European Project
Posted onThe European project has suffered from a lot of negative sentiment lately, with populist movements gaining ground in Hungary and Italy, Brexit, and the influx of immigrants. As an immigrant from the US to the Netherlands, I often wonder why….