What is Factoring?
Factoring is the process of obtaining funds by selling a business’s accounts receivable to a third party, known as a “factor”. The company receives payment for those receivables instead of waiting until the due date of the invoice (or later) for the customer to pay. When the receivable falls due, the customer remits payment directly […]
Operating vs. Capital Leases
The question of whether a business should buy or lease an asset is among the most basic in the world of business. Each option has its own tax and income advantages and disadvantages, and the decision must be analyzed in the context of the business’s overall circumstances. Even after a company has decided to […]
