Hello and welcome to my contact page!
I appreciate your interest in connecting with me. I’m a Dindo dedicated to providing excellent service to all of my clients and visitors. I’m here to help if you have any questions or concerns.
I’d love to hear from you, whether you need assistance with a service I provide, have feedback or suggestions, or simply want to say hello.
You can contact me by completing the form below. I’ll do my best to respond to your inquiry as soon as possible. Thank you for stopping by!
What is a Factoring Discount?
A factoring discount is a percentage of the invoice amount that is discounted when a business sells its invoice to a factor, also known as an invoice financing company. A factoring discount is a cost-effective solution for businesses looking to improve their cash flow. It is the percentage of the invoice that is discounted when the factor buys the invoice from you. The factoring discount percentage can vary and is usually negotiated based on factors such as the time it takes for the factor to recoup its investment. Typically, a factoring discount ranges from 1% to 10%. It’s a great…
Importance of Working Capital for Business: Improving Liquidity and Credit Rating
Components of working capital include accounts receivable, inventory, and cash. Customers purchase goods or services on credit and owe the company as accounts receivable. A company holds a certain amount of merchandise as inventory. Cash is the money a company has in its bank account. By collecting more accounts receivable, selling more inventory, or increasing its cash balance, a company can increase its working capital. On the other hand, extending more credit to customers, buying more inventory, or reducing its cash balance can reduce working capital. Working capital plays an essential role in determining a company’s financial health as it…