Can a Company Choose to Factor Only a Portion Of Its Invoices?
Yes, you as the business owner can choose what invoices you wish to factor. However, remember that the more volume you factor, the better your rates. Volume spreads the risk and tends to make the factor more flexible during the negotiations of the agreement. Back to Top Can I Factor My Purchase Orders? Absolutely, there are companies which specialize in purchase order funding. The cost may be slightly higher because of the inherent risk yet it is a very viable option for a fast growth company. Also, most factors will consider funding purchase orders after a good factoring relationship has been established with the company. Back to Top Are Factoring Fees Tax Deductible? Most accountants agree that factoring fees are a business cost and should be treated as any other expense. It is always advisable to consult your accountant before entering into any factoring arrangement. Back to Top How Do Customers React When Notified to Forward Their Payments to a Factor? This is not a problem if the
