Joy Ann Venverloh
The Top Ten Questions When Considering Accounts Receivable Factoring
A business owner is considering Accounts Receivables Factoring to grow his business. Here are his top ten questions. An experienced factor supplies the answers. What are ten of the most common questions of a business owner considering Accounts Receivable Factoring? An actual business owner has supplied this list of questions. 1. What will my customers…
Read MoreHave Something to Sell? The Government Wants to Buy from You
Small business owners especially women-owned and minority companies should seriously consider selling to government entities. Why? Because the government buys everything. And the government pays. In all of my years as a factor of government receivables, all of the receivables have been paid except in one case and that was not the fault of…
Read MoreFactoring: An Alternate Way of Getting Capital Into Your Business
When your customers take 30, 60 or 90 days to pay an invoice you are financing their business. As a factor, I have been involved in the cash flow industry for over 20 years. Any time a business is owed money, the business owner can opt to collect that money sooner rather than later by…
Read MoreSix Reasons to Factor Your Invoices
Many business managers view the “factor” as the lender of last resort, a sort of leverage only to be used when other lenders refuse to extend credit. Unfortunately, this attitude arises from a lack of knowledge and is an obstacle to the success and full potential of many businesses. Today, most businesses factor due to the…
Read More