Businesses are familiar with the benefits of insurance in their day to day operations, but many companies selling into international markets may not realize that short term export credit insurance is also available. This insurance can be designed to cover a single...
Financial Services
What Is Factoring Receivables: A Simple Review
The answer to the question of what is factoring receivables is very simple. Factoring provides a cash advance from a third-party, the factor, to a business invoicing customers on the typical 30, 60 or 90-day terms. This is not a loan, and there is no need to provide...
Using Factoring Working Capital To Grow A Business
One of the most common mistakes made by business owners is to assume that factoring working capital is only required when a company is struggling to meet financial commitments or when there is a temporary gap in cash flow due to timing between invoicing and payment....
Six Reasons You Need Export Credit Insurance
Export credit insurance affords several benefits to policyholders. Most people assume export credit insurance only safeguards against foreign buyer nonpayment, but there are several other advantages if you partner with a reliable and flexible insurer. Some of the...
3 Things That a Reverse Mortgage Lender Would Expect You to Know
A reverse mortgage is a great way to tap your invested equity in your home and use it to spend the end days of your life peacefully. This product, reverse mortgage, is only designed for the elders who have taken retirement from work and are 62 years old or above. Most...