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Factoring companies are financial service providers who finance business cash flow in exchange for the unpaid invoices at a fee. They assist companies, and even small businesses open up their cash flow when customers are slow to pay.
If you’re finding that cash flow within your business is slow or stagnating, you know the frustration and worry that sets in. You have money – it’s locked up in those unpaid invoices from your customers. And, while they’ll eventually be paid
Are you a small business owner facing cash flow problems? It’s a pretty common situation, but there is hope – accounts receivables financing can be an ideal solution to your needs, providing you with liquidity.
Just because your business is successful, it doesn’t necessarily mean that you have stable, reliable cash flow. You can be completely in the black and still be unable to make payroll, to pay utilities, or to grow your business.
Receivables financing helps you overcome those challenges and build a successful, thriving business. Of course, in order to benefit from accounts receivables financing, you’ll need to understand how this type of funding works.
The good news is that freight invoice factoring can help your trucking company succeed. Not sure what freight invoice factoring is, or how factoring works in the first place? Let’s clear things up for you.
Established in 1989, Key Factors is Australia’s leading independently owned invoice factoring company. We pride ourselves on providing personal and tailored financial solutions with over 30+ years of experience.