Factoring is also called "debt factoring" or "invoice factoring." This is a form of business financing, which companies and small start-up or their invoices to a third party to sell. The
third would process the invoices and allow the first to get their
entries before the actual payment is made for them by their customers. This is factoring in a capsule.
Factoring companies provide a huge boost to companies and their immediate cash flow. This is very important for companies that have launched a huge working capital.
Some of its benefits include:
• It's a cheap way to get the sales ledger gives the holder more time to monitor the operation of business outsourcing.
• Cash flow and financial planning systems of a society without a hitch.
• Customers give high regard to factors, so they quickly pay off their debts.
• Factors that can also loop into some useful information to customers when their credit. This enables you to locate and negotiate better terms with suppliers.
• Factors that enable quick access to cash as soon as the credits are billed.
• Factoring companies can be maximized as a good source for expanding the business.
• Factors that also can help you avoid bad debts by non-recourse factoring.
Now,
if you find that your company some or all of the benefits of invoice
factoring services needs, then we try to discover what factors to
consider before taking a clear position in their account.
In general, the requirements for a factoring service for businesses vary. We can only give an indication that a company qualifies as hard there is no list. There are circumstances that a company that did not meet any of the indicator still was able to get an account factoring.
Most of the companies working with the factors at least an annual turnover of £ 50,000. Of course, there's attention to this. They can also work with start-ups and small businesses. Factors that also prefer the company has a relatively large customer base or otherwise. They
can not be so generous in terms of funding, as we say, customer base is
highly monopolized or dominated by a single customer. Then the company's debt and simply not contractual and can be easily demonstrated. Finally, the company, preferably a layer of debt less than 90 days late.
There are things that are attractive to take the factoring company. One is the involvement of the company for public sale. Sales for business customers are preferred. Too many small invoices, disputes and claims by a company in the eyes of factors. They inspect farms to see if you characterize a sound, reliable and reputable company. If the firm has a reputation for factoring questionable, because no agreement was reached. Complex contractual terms and conditions of the guarantee may also disqualify the firm.
economi world
The Economics Spectator
Sunday, July 10, 2011
Sunday, April 6, 2008
David Suzuki, Air, and Intelligence
David Suzuki talking about air and alveoli
March 12, 2008 -- 11th Annual Commonwealth Lecture
March 12, 2008 -- 11th Annual Commonwealth Lecture
Our lungs are made up of about 300 million capsules, or alveoli, and they are clustered around an alveolar stem like grapes. We have lots of these clusters in our lungs and we need them all to provide the surface area needed to come into contact with the air. If you flatten the alveoli of our lungs out into two dimensions, they would cover a tennis court. That is about how much surface area is wrinkled up in our lungs. Each alveolus is lined by a surfactant that reduces surface tension so that the air sticks to it. Immediately carbon dioxide rushes out of our bodies, oxygen and whatever else is in the air rushes in, and haemoglobin molecules in red blood cells grab on to the oxygen so that each beat of our heart can transfer that oxygen to every part of our bodies. And when you exhale you do not exhale all the air in your lungs. If you did that your lungs would collapse. About half of the air stays in your lungs even when you exhale.
The point I am trying to make is that you cannot draw a line that marks where the air ends and I begin. There is no line. The air is stuck to us and circulating through our bodies. We are air. It is a part of us and it is in us…
We think we are an intelligent creature, but what intelligent creature, knowing the role that air plays in our lives keeping us alive and connecting us to the past and into the future, would then proceed to use air as a garbage can and refuse to pay for putting carbon and all our pollutants into the atmosphere? We have much to reflect on the way that we use this sacred substance. It hurts me when I see young couples walking with a baby in a stroller and the baby’s nose is right at the level of the exhaust pipes of our cars. You might as well put a hose on the exhaust pipe and pump that stuff right into the baby’s body. Why are 15% of children in Canada now suffering with asthma? We are using the air as a toxic dump. We are air. Whatever we do to the air we do to ourselves.
Monday, February 4, 2008
Conscientious Investments: The Carbon Principles
Banks Set Emissions Standard for U.S. Power Industry
1999 -- By Lisa Lee, Reuters via ENN
1999 -- By Lisa Lee, Reuters via ENN
Three Wall Street banks said on Monday they will set environmental standards that factor in risks posed by carbon-emissions when lending to power companies that seek to build coal-fired power plants.
Citigroup Inc, JP Morgan Chase & Co and Morgan Stanley will form "The Carbon Principles," climate change guidelines for advisors and lenders to power companies in the United States.
The banks developed the principles in consultation with environmental organizations and power companies, including American Electric Power Co, the nation's largest consumer of coal, and Southern Co, the largest utility company in the coal-heavy Southeast.
Financing of projects with high carbon dioxide-emitting technologies will be evaluated using a new framework that factors in the potential carbon risks, they said.
Friday, February 1, 2008
1 Megawatt Powers 778 Homes!
A one-megawatt electric plant running continuously at full capacity can power 778 households each year, according to the U.S. Department of Energy. There are 1,000 kilowatts in a megawatt. Solar technology has lower capacity because its power generation is constrained by availability of the sun.
Tuesday, January 8, 2008
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