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Kris Koonar's Articles in Finance

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  • What a Factoring Company Can Do For You
    A factoring company is a third party that will "buy" your invoice, which you have issued to your customer after making a sale. They will reimburse you 60 to 90 percent of the invoice amount electronically with 2 days and the balance amount after they get the full payment from your customer, minus a factoring fee.
  • Freight Factoring For Trucking Companies
    Most trucking companies have to pay in cash for their day-to-day expenses such as fuel bills and also have unexpected expenses such as truck repair bills and fixed expenses such as salaries, regular servicing and tire bills.
  • How Invoice Factoring Works
    In invoice factoring, you can "sell" your invoice to a third party called the invoice factoring company which "buys" that invoice from you. The invoice factoring company then pays you the majority portion of that invoice immediately and then takes the full payment from your customer on the due date.
  • Factor Vs Invoice Discounting
    Factoring and discounting are both quite similar, but you can decide after looking at the following factors.
  • Invoice Factoring- Find Out If It Works For You
    Invoice factoring is when a third party, i.e. an invoice factoring company "buys" off an invoice which you have issued to your customer and pays you around 60 to 90 percent of the invoice value in 24 to 48 hours and the balance amount, minus a factoring fee, when they receive the payment from your customer on the due date.
  • How to Select the Right Factoring Company
    Selecting the right factoring company is very important since you need to work in perfect harmony with a third party and this should not be a obstacle in your smooth functioning. There are many factors to be considered while choosing the right factoring company.
  • All You Need To Know About Chapter 13
    When people file for bankruptcy under Chapter 13, their main aim is to get an opportunity to refund few or all the debts on better terms i.e. lower or no interest
  • Important Steps to Take Before You Sell Your House As Is
    A home is more of a valuable personal asset than real estate. There are times when people have to resort to selling their homes owing to geographical or financial reasons
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