Factoring 101
Invoice factoring—also called accounts receivable financing—is a form of working capital funding where a business sells its unpaid invoices to a factoring company at a discount.
7 Reasons Real Businesses Used Invoice Factoring to Grow Their Business
In the world of business finance, the art of managing cash flow can make the difference between survival and success. Many businesses, whether they’re startups with dreams of greatness, established firms looking for expansion, or seasoned veterans of their industries, turn to invoice factoring to improve their cash flow.
In this article, we’ll delve into real-life examples to explore specific examples of how factoring helped businesses meet their financial demands.
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Should I use an MCA for short-term financing?
In this article, we want to dive into what an MCA loan is and why we think you would only want to resort to it if you have no other options.
Should I use an MCA for short-term financing? Read More »
Back to the bank in less than 24 months
“This was a great deal for everyone involved. By pairing a great business owner with the flexibility that Catalyst Financial offers, OperFi was able to grow exponentially faster than they could with a traditional line of credit. Catalyst met the capital needs from day one. They are a transparent and trustworthy operation all-around, which makes referring to them an easy decision. Even now as we complete the transition back to our bank, the Catalyst team is helpful, forthright, and focused on supporting the customer’s best interests.”
– Bank Referral Partner
Back to the bank in less than 24 months Read More »
Is Invoice Factoring Right for Your Staffing Company?
Staff factoring is a sale of outstanding payroll invoices to a third-party factoring company. It is a type of business financing to maximize cash flow and effectively fund daily operations. Staffing factoring allows staffing businesses to access the capital needed to recruit, hire, onboard, and run payroll.
Is Invoice Factoring Right for Your Staffing Company? Read More »
5 benefits to using a freight factoring company
Freight factoring is when a company that transports a load sells the resulting invoice from that haul to a financial company at a small discount. This can also be known as invoice factoring, load factoring, transportation factoring, or accounts receivable financing.
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Finding the right fit with your factoring company is key
When a company needed to document their invoices differently, Catalyst was able to work with them.
Finding the right fit with your factoring company is key Read More »
Struggling to get financing because of customer concentration? Factoring can help.
Most banks that issue a revolving line of credit want a business to have less than 20-25% concentration with any one customer. If your customers have good credit, factoring is one of the best options for a company with a small customer base.
Struggling to get financing because of customer concentration? Factoring can help. Read More »
Staffing Financing: Outgrowing a LOC
After a pipeline inspection staffing company outgrew their traditional line of credit, Catalyst was able to pay off the bank and provide the additional funds to keep the business growing.
Staffing Financing: Outgrowing a LOC Read More »
Working Capital Financing Options
Defined as the amount of money a business has on-hand to pay for short-term expenses, working capital is an effective way to measure a business’s short-term financial security.
Working Capital Financing Options Read More »