Invoice factoring is commonly referred as accounts receivable factoring, accounts receivable financing or debtor finance. Invoice Factoring occurs when a business sells its accounts receivable (invoices) to a third party (eg. factoring companies) at a discount. Factoring companies provide cash advance to businesses against assignment of the account receivables. The factoring company then takes over [...]

Small business owners are counting on getting that SME loans, but financial institutions say no. In fact, more than 80% of small business owners’ application for loans gets rejected. What should they do next? The answer is to find out the reason for the denial. Some financial institutions will notify you of the reason(s) why [...]