Repayment Mortgages - Bank Says NO
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Factorization was practiced during centuries. Promissory notes with order sold by Novels with a discount just as Phoenicians. The word "factor" comes from Latin, the language of Rome. It means "to make" or "to make." The voyages of the Pilgrim's towards America were financed by advances of a factor, which provided the funds to the wages for the voyage. The Pilgrim's refunded the money with incomes of America. Factorization to date is an extremely current procedure of management in Europe while many American men of businesses never intended to speak about it. 

Factorization is the sale of your accounts receivable for the cash against to await 30-60 or 90 days to be paid by your customer. When you provide to a company factorization copies of your invoices, the company of factorization employs your invoices to make a loan with your company. It is a simple process and can be automated after the first transaction. The credit is not an exit when providing admissible loans of accounts or financing. The financial companies look at the history of credit of the supplier not yours! It is exceptional good for small businesses with averages of size, which were in the businesses for less, then two years. 

My first experience with Factoring came when one of my Tax clients ending up with a sizable Tax liability one year. It directed a small company of haulage and had very few problems of taxes in the passage. However, because of a sudden glare in the growth it made 2 to 3 times more businesses in the last six-month period. Since it did not make write the sufficient tax of the offs, its liability with the tax really struck hard. It had really serious problems of cash flow of financing because of the not planned growth! 

We spoke about the situation, its taxes were achieved and because it had rented a couple of the trucks to follow the workload, we could employ the cost of hiring like damping. But there remained the tax of car-employment and there was no doubt that it had an increase in the income of businesses. 

I did not say anything, but I was worried about his payment for the preparation of taxes. I knew that it had problems of cash flow of financing and the invoice of taxes did not help. Then he said to me about value $30.000 of the invoices. Since the invoices had not been paid they were not included in its income during this year thus I did not have any idea that it had invoices in this quantity. In fact invoices where crumbles to the top and dispersed above its office. 

I went on the Internet and started to seek "invoices". I never had really included/understood to factorize before this time, but I had intended to speak about him. Us not factor the invoices of my customer of because it called the company, which it worked with, explained the situation and they 50% paid him the invoice immediately and little time balances it afterwards. 

I had already sought the "factorization "or the financing of accounts receivable and to be a person of taxes which I always sought in the manners of helping my customers to pay their taxes as soon as possible, particularly if they had of the taxes of the employees.

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