Home  Local Businesses  Local Government  Civic Organizations  Local Schools  Neighborhoods 
My York County!
Internet Directory
York County Calendar
Our Library
York County Forums
York County Polls & Surveys
York County Classifieds
York County Photo Albums

Jan 21, 2018
Made possible by:

Marcs pressure washing icon v2

Around York County

5 Tips on Factoring
  1. Know what the term means. It�s a way to turn your accounts receivable into cash by selling them to a finance company called a factor.

  2. Make sure you understand the fees you will pay for this service. They typically include the cost of funds and making the collections.

  3. Balance the cost against the gain. Factoring can be expensive but it may fuel your growth, improve cash flow, or enable you to take advantage of supplier discounts.

  4. Ask your bank or CPA to recommend factors. Check their references.

  5. Visit www.cfa.com, the Web site of the Commercial Finance Association, and the International Factoring Association at www.factoring.org for a list of factors. The CIT Group site, www.cit.com, provides information on factoring (click on �Business Financing,� then �Commercial Finance,� to access the search feature).

Brought to you by SCORE "Counselors to America's Small Business."

Terms of Service -  Privacy Policy -  Contact Us -  FAQs -  Guestbook -  About Us
Copyright © 2018 YorkCountyVA.org All rights reserved.
Use of this site constitutes your agreement with the Terms of Service.
Graphic design by: GrapiX Patterns