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The Secret Of Commercial AR Factoring And An Accounts Receivable Financing Loan In Canada
by sprokop on Mar 28, 2011
Mind your own business! That's what a Canadian business owner or financial manager would prefer to do when they are considering accounts receivable financing, aka a commercial ar factoring loan. AR is of course accounts receivable, your second most liquid asset next to cash. Oh and by the way, the good news is it’s not a loan, per se, more about that later. Unfortunately current practices don’t allow you to ‘mind that business ‘.
So is there a way your company can obtain all the advantages of factoring , receive a competitive financing rate, and at the same time implement what is in effect a confidential invoice discounting program ? There is. First let’s cover off some basics.
You know the drill already. Your client base and investment in accounts receivable is taking up a huge part of your working capital. Sales are growing, or you have some major new contracts and business, forcing your working capital needs to go up.
The...Read More >>
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accounts receivable service
Factoring accounts receivable for financing your business
Factoring accounts receivable is based on the financial strength and stability of your customers rather than your own personal business credit score
Accounts receivable for financing your business
Factoring accounts receivable is based on the financial strength and stability of your customers rather than your own personal business credit score.
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The Unknown Secret In Canadian Accounts Receivable Finance - C I D Business Factoring And Financing
by sprokop
Want to feel initiated? Privileged? That's kind of what a secret is about, and we're sharing a great one today, a strategy known as C I D accounts receivable finance - it's our version of the best factoring financing in Canadian business today.
Let's back step a bit first though. Why are you considering receivable finance, and even more to the point, why are thousands of other firms, your competitors included! already there in that business decision to finance business receivables ?
Actually there are only two answers to that question... maybe...
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