{"id":5559,"date":"2021-09-28T12:14:10","date_gmt":"2021-09-28T17:14:10","guid":{"rendered":"https:\/\/accordfinancial.com\/staging\/?p=5559"},"modified":"2021-12-13T13:18:49","modified_gmt":"2021-12-13T18:18:49","slug":"when-does-factoring-make-the-most-sense","status":"publish","type":"post","link":"https:\/\/accordfinancial.com\/staging\/when-does-factoring-make-the-most-sense\/","title":{"rendered":"When Does Factoring Make the Most Sense?"},"content":{"rendered":"\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong><a href=\"https:\/\/accordfinancial.com\/staging\/services\/factoring\/\" target=\"_blank\" rel=\"noreferrer noopener\">Factoring<\/a> is most suitable for businesses that\u2026<\/strong><\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">01. Need Funds Quickly<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>When dealing with a tight cash flow, you probably don\u2019t have weeks to wait, rather, you needed funds yesterday. One benefit of factoring is that it can be quickly and simply put in place by a factor like Accord. Learn more about our newest and quickest factoring solution <a href=\"https:\/\/accordfinancial.com\/staging\/services-accordexpress-factoring\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">02. Are Ramping Up for New Business<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>If your company is gearing up for new business\u2014whether you added new clients, you\u2019re facing a peak season, or you expanded your product offering\u2014a financing facility that will naturally follow your sales is what you may need. In these situations, factoring makes perfect sense.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">03. Need to Improve Customer Service<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Especially if you\u2019re in fierce competition with another business, you can\u2019t skimp on the quality of service provided to your customers. If you\u2019re unable to meet your customers\u2019 demands, they\u2019ll go elsewhere. Because factoring yields money fast, you can take whatever steps necessary to improve customer service and remain competitive.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">04. Want Simple, Easy, Affordable Solutions<\/h2>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>For factoring, as well as a provider of other commercial finance options, you can count on Accord Financial. We customize solutions based on every customer\u2019s needs. Give us a call so that we can help your company thrive.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A company can be profitable but still find themselves in a cash crunch when outstanding invoices have not been paid. If the balance sheet isn\u2019t strong enough for conventional financing, you should consider factoring. <\/p>\n","protected":false},"author":1,"featured_media":5586,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"location":[],"class_list":["post-5559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>09\/28\/2021 | When Does Factoring Make the Most Sense? | Accord Financial<\/title>\n<meta name=\"description\" content=\"When Does Factoring Make the Most Sense? 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