by Becca Ripley | Jul 14, 2016 | Asset-Based Lending, Blog
How does an Asset Based Line of Credit Work? Asset-based Lines of credit allow you to borrow a percentage of your accounts receivable, equipment, and inventory. All or one of these assets may be utilized in an Asset Based Line of Credit. Find out below how your...
by Becca Ripley | May 3, 2016 | Accounts Receivable Financing
AR Financing in Action When taking on large projects or fulfilling major contracts, businesses often face the challenge of covering upfront costs before receiving payments. Both mobilization funding and purchase order (P/O) financing are valuable solutions that...
by Becca Ripley | Apr 14, 2016 | Blog, Invoice Factoring
The History of Factoring Factoring is an ancient function that dates back to Babylonian times. The Babylonian Code of Hammurabi, which covered certain trade practices of merchants’ agents who guaranteed trade credits, was the earliest recorded example of...
by Becca Ripley | Apr 11, 2016 | Asset-Based Lending, Blog
Asset Based Lending vs Bank Financing Asset-based lines of credit refer to loans secured by a wide variety of assets such as accounts receivable, equipment, and inventory. Asset-based lenders rely on the value of the underlying collateral to minimize the loan’s...
by Becca Ripley | Apr 6, 2016 | Accounts Receivable Financing
The SouthStar Funding Process How does Accounts Receivable Financing Work? You provide products or services to another creditworthy business on terms. You send the invoice to your customer and send the invoice, along with any support documentation (i.e. purchase...
