|
Author: Afra AmirSanjari Article source: http://www.peacockcapital.com/. Used with author's permission.
Assignment of Claims Act of 1986"....What does this mean for you?
What does this mean to you? Simply, the U.S Government encourages their vendors
to seek accounts receivable factoring of their invoices in order to help them grow,
improve cashflow, increase performance, and level the playing field.
Access Unlimited Capital Through the Creditworthiness of the U.S. Government
Any government contractor, under the the Assignment of Claims Act of 1986, may
assign it's rights to be paid amounts due or to become due as a result of the
performance of a contract to a bank, trust company or other financing institution.
Larger vendors have been doing this for years.
Invoice Factoring is when a business sells unpaid accounts receivable invoices to a
specialized financial institution called a Factor. The factoring company buys the
invoice from the business for an amount less than its actual face value, then later
collects the full amount of the invoice from the account debtor when it finally comes
due. This service is useful to a business that cannot afford to wait 30, 60, or 90
days to collect payment from customers, cash is needed immediately for growth or
survival.
When a business delivers goods or services to another business, an invoice is
generated stating the amount owed and the terms (number of days) in which the
invoice must be paid. This invoice along with its terms becomes an accounts
receivable: money owed to a business, from a business, for goods or services
delivered. The terms for these invoices are usually 30, 60, or even 90 days. After the
business sends out the invoice it must wait the length of the term (or longer) to
collect the debt and recognize the revenue generated. Waiting for these long billing
cycles to close can be difficult for a company that is growing fast or just struggling
to survive.
Rather than waiting for long billing cycles to close, a business has the option to sell
some or all of its outstanding invoices to a Factor (for a discount) and receive
funding within 24 hours or less. The Factor will eventually collect the full amount of
the invoice from the account debtor. Afra AmirSanjari is the Principal for Peacock Capital. Peacock Capital specializes in
solving the cash flow challenges of Small/Medium Businesses, Government Vendors
and Individuals with innovative financial solutions by providing a network for
securing operating capital.
http://www.peacockcapital.com;
info@peacockcapital.com
Helpful Hints for First-Time Home Buyers
Buying a house can be a daunting task, even for someone who has
owned several homes. My husband and I recently purchased our first home together, and it was ha...
Your Horses Back May Not Be the Same Next Month
Small changes throughout the year can make a BIG difference in saddle fit.
Revitalize Your Recruiting for 2005
Journal and newspaper ads continue to deluge hiring managers with resumes by the pound. The "Big 3" internet job boards just aren't getting it done. Everyone ha...
What to Look For in a Drill Press
When purchasing a drill press, there are certain features that are better for certain projects. Here are some things to look for when buying your own drill pres...
Rules for Achieving Online Success
The Internet brought a great deal of benefits to our life. Access to a lot of free and useful information is, probably, one of the most important out of them...
Coping As A Caregiver
Survival strategies for caregivers.
Lights of the Stock Market
The most important light that will stop you from losing money in the stock market.
Profiting From Writting Your Own Ebook
As you might have heard, the Internet is all about information. Millions of people logon to the Internet each day searching for information. They're searching f...
Top Ten Tips (Part 1)
Golden Rules For New Writers - Things you need to know before you begin.
Get In Career Shape
Research suggests that as many as 8 out of 10 employed adults are in the wrong job or career! They are in poor career-shape or have little or no career-stamina...
Information - Do Not Bet Without It
Before you make your next bet, make sure you have all the information at hand to help give you the highest possible chance of winning.
Writing the 8 WebCopy Headline Categories
With the problems and importancy of webcopy writing in your online endeavours it is critical to have a blueprint for your
headlines. And this article will poin...
Learn How To Start Fingering Yourself Today Starting From Scratch
If you masturbate, but you're just not succeeding in pleasuring yourself as much as you deserve to, then this could be once of the most interesting articles you...
Number 1 Advice In Entrepreneurship
When I first started my business, an experienced business woman gave me this piece of advice. To this day, that bit of advice has proved to be invaluable. It he...
Family Fun on the Rails
Railroading is in the blood of thousands of Americans. And, even through steam engines may have disappeared from full size rails across the nation, they are sti...
Questioning the Data of Demographic Off The Shelf Marketing Products
Entreprenuer launches tirade on the reality of Data base Problems in CD ROM Demographic Software.
Guide to Choosing LEGO Toys for Children
A basic guide to choosing the best LEGO toy set for your child.
The Piano Parent Trap!
This article illustrates the most effective way parents can support their young children in piano lessons...
Bigger Results from Smaller Search Engines
if you have a small budget or are starting your online business you can get good results with some of the smaller search engines and their PPC programs.
How To Write A Resume, Avoid These Resume Mistakes
If you have a resume you maybe making these mistakes and don't even know. But in the process of ignorance your losing job opportunities and precious time.
Job Interviews: Identifying & Using Your Most Important Asset
When you're preparing for your interview, do you know which crucial asset to emphasize? It's not what you think!
The Jerk is Never Me
Comedian George Carlin once remarked, "Have your ever noticed? Anyone going slower than you is an idiot. Anyone going faster than you is a maniac." Psychologis...
Keeping Baby Safe: Your Most Important Role As A Parent
Saying Thanks, But No Thanks to Used Safety Equipment Once your beautiful bundle of joy arrives, the work of raising your child really begins. The biggest job y...
Hearing Voices and Seeing Things
In this message, Pastor Michael comments on recent crimes involving individuals who claim to have been hearing voices prior to carrying out their crime. Michael...
|
Print this page