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Showing posts from June, 2022

Important things to know about Finance Recruitment Market

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The recruitment finance market is getting more competitive. Both employers and candidates are taking risks, stepping up their game and going for what they really want. Companies are competing for the same candidates: In order to attract talent, companies are willing to offer higher salaries and better benefits packages than ever before. They know that if they don't get these candidates on board now, someone else will hire them in a heartbeat once they've got other offers on the table. This has led to an increase in employee retention rates across many industries—and it's great news for job seekers looking for more exciting career opportunities! More job seekers than ever before are applying for any available positions via online platforms like LinkedIn or Indeed so that they can get noticed by recruiters ahead of time (who may then consider them as viable options). When you consider how many different roles there are available in your industry (and beyond), it's no s

3 Types of Invoice Discounting to Help Grow Your Business

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Invoice discounting, also known as invoice factoring, can be incredibly useful to businesses of all sizes and stages of growth. This article will walk you through the different types of invoice discounting , helping you figure out which one will be the best fit for your company’s current needs. 1) Purchase Order Factoring In purchase order (PO) factoring, a company sells its unpaid invoices—basically selling its right to be paid by a client—to a third party. Factoring companies then collect payment on those invoices from clients directly or use their own accounts receivable (A/R) department to do so. Purchase order factoring is useful for businesses that regularly sell goods and services on credit and need help managing cash flow while they wait for payments. It’s also good for business owners who want to free up working capital but don’t want to incur debt or interest expenses associated with traditional loans. It’s important to note that PO factoring isn’t free: A factor will take

Debt Factoring: What It Is and Is It Right For Your Business

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What is debt factoring? And how can you manage it effectively? Deductible debt has become such a serious issue in recent years that some of the biggest financial institutions in the world are working on new strategies to manage its impact. Considering how fast the term has taken hold, it’s not surprising that many businesses are exploring new ways to manage their obligations. But what is debtor factoring , and how can it be beneficial for your business? What is Debt Factoring? Debt is the use of financial assets to finance debts owed by a business. There are many different types of debt, and each has its own set of problems and advantages. Some of the most common types of debt are: - Interest rate debt - Line of credit debt - Fannie Mae mortgage debt - FHA mortgage loan - Cotten debt - Securitization - Other types of debt Debt is a type of borrowable good. It’s not the same as short-term debt, which is the type of debt that’s repaid at a set time and usually has a fixed interest rate

How to Choose the Right Invoice Factoring Company for Your Business?

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Factoring is the process of selling outstanding invoices at a discount to a third-party company in order to raise cash quickly. It's a great option for businesses who need short-term financing, and there are a number of invoice factoring companies to choose from. What is invoice factoring? So you've been doing some business with other companies and you've finally got some consistent work coming in. But now you have a new problem - you're starting to run out of cash. You know you need to pay your employees and your bills, but you don't have the money to do it. What do you do? One possible solution is invoice factoring. Invoice factoring is the process of selling your unpaid invoices to a third party, called a "factor." The factor then pays you an upfront lump sum for the invoices, and collects the money from the buyer once they pay the invoice. Factors are essentially short-term loans, and are a great option for businesses who need extra cash flow to pa