Archive for the ‘Business’ Category

postheadericon Fine Deals for the Best Factor Company Works

In here, a factoring company is a credit institution.This establishment can distribute credit and financing to companies under certain conditions and by respecting a precise and rigorous specifications framed by the banking laws.

Factoring companies may be subsidiaries of banks (the main French banks all have a factoring subsidiary) or independent non-bank companies that may be subsidiaries of industrial or financial groups. A factor company is important now.

Outside the country, the status of factoring companies varies from one country to another. In some countries, such as England, the regulations are very light and the factoring companies are particularly numerous.

E-factoring has forged partnerships with more than 20 financial institutions.

How do factoring companies refinance themselves?

Factoring companies refinance in a number of ways.

Own Funds

First on their own funds, drawing on their cash, but that implies they have made profits in previous years and they have left in the business.

Financial Markets

Then, the factors are refinanced also on the financial markets through the banks. They benefit from short-term credit lines granted by one or more banks, at the market rate. These lines of credit are renegotiated each year according to the structure of the balance sheets presented by the factors with the lending institutions.

Meris Houses

Finally, factoring companies also refinance with their parent companies. They all have one, which enters current accounts directly into the cash of the factor and issues counter-guarantees, usually by comfort letters, to guarantee the lines of credit granted.

An enterprise may use the factoring method when it wishes to entrust its claims to a financial institution for reimbursement.

The factoring method is useful for customers who do not pay their bills. Factoring can be very useful for companies that charge professionals, and want to somehow subcontract the management of their receivables (what customers have to pay).

What is factoring?

A credit institution is responsible for collecting the debts of a company, ie the payment of invoices, the payment reminders for late customers.The company can then delegate 100% administrative management and sometimes unpleasant recovery of its accounts receivable.

How it works?

It is then a contract between a company and a financing organization / credit institution. When the company issues an invoice, the funding agency will settle the amount in question, taking a commission for each transaction.

The company also entrusts the administrative management of debt collection to the financial organism. That is to say that it takes care of all the necessary steps to reach the payment of invoices.

This method may be particularly useful for customers who pay late or who do not pay at all …

Most banks have factoring subsidiaries of their own.

Why use this method?

The factoring method allows companies to receive payment directly from an invoice issued to another professional. This method only works for business-to-business transactions, not business-to-business. It is the credit agency that will pay the amount due. As a result, the company using this method does not have to wait until the bill payment deadline to receive the payment. This allows him to maintain his cash level.

postheadericon The Win-Win Option for the Best Load Board Option Now

Descartes helps automate manual control and settlement processes, helping to better identify errors, improve financial analysis and reporting, and ensure immediate savings and operational efficiencies. We can offer automated control functions for all of your transportation invoices as opposed to traditional manual sampling methods. This reduces both the errors and costs associated with the audit. Your organization can define rules about tolerances and handling of anomalies. With the top load board services this is important.

Transportation invoices can be managed through multiple workflows, including automatic billing, e-billing, and traditional reconciliation and settlement processes. The solution can optionally be configured for auditing processes through distributed invoice control / bill payment centralized in large organizations or those with multiple divisions. Thanks to powerful functions of regulation and automated control of the freight, Descartes offers the following possibilities to your company:

  • Improve cash flow by pre-checking pre-payment transport invoices
  • Reduce time spent on cargo screening and approval
  • Eliminate the administrative burden of billing by automated processing
  • Avoid payment of incorrect transport bills to carriers
  • Recover the amounts collected in excess by the carriers
  • Improve financial reporting and

Ensure optimal pricing by suppliers

The export documentation service helps you effectively expand the distribution of your products and services in North America and around the world.It simplifies the work of exporters to conquer new foreign markets by managing all export documents on their behalf. We ensure the professional management of your exports to free you in the management of your own business.

Services:

A dedicated team completes and manages all required export documents, improving your customs compliance, meeting your shipping deadlines and strengthening your customer relationships through strict quality control.

They forward your export declarations, coordinate your shipments and process the invoices of your carriers. By entrusting them with these tasks, your company is free to focus on internal efficiencies. They keep you informed of the status of your shipments and new regulations for international shipments. They keep your records and documents for a period of five years, as stipulated by the customs authorities, which prevents you from doing it yourself. They save you money through our global network of reliable carriers.

In other words, the values ​​indicated are “Gross Capabilities” or “nominal capacity”. Then the actual load of the crane that can lift is known as the “net capacity”. Therefore the maximum load must not exceed the net capacity of the crane.

postheadericon Fine Layers for the Proper Insulators Now

The thickness of the layer of this dielectric insulator is the same along the entire length of the coaxial cable, so that the performance of the cable over its entire length is the same. Dielectrics made of porous or foamed polyurethane lessen the video signal than dielectrics made from solid polyethylene. When calculating the loss by length, smaller length losses are desirable for any cable. In addition, a foamed dielectric gives the cable more flexibility, which facilitates the work of installers. But while the electrical characteristics of a coaxial power connector with foamed dielectric material are higher, such a material can absorb moisture, which worsens these characteristics.

The Feature of Solid Polyethylene

Solid polyethylene is stiffer and better retains its shape than the foam polymer, more resistant to squeezing and squeezing, but laying such a hard cable is somewhat more difficult. In addition, the signal loss per unit length is greater than for a cable with a foamed dielectric, and this should be taken into account if the cable length should be large.

  • It is worth noting that some manufacturers foil the dielectric chemically. As a result, a low-density polyethylene compound is obtained, subject to mechanical damage and unstable to the environment in the form of temperature and humidity.

Cable Quality

The highest quality of the cable is obtained with a physically foamed dielectric. It contains up to 60% of air bubbles, due to which the attenuation of high frequencies of the signal decreases. For strength, physically foamed polyethylene does not differ from conventional solid non-foamed polyethylene, providing the necessary flexibility and resistance to mechanical stress. And, finally, having a high resistance to temperature fluctuations and humidity, physically foamed dielectric will ensure the stability of parameters and long-term operation of the cable.

The Outside Part

Outside, the dielectric material is covered with a copper braid (shield), which is the second (usually grounded) signal conductor between the camera and the monitor. The screen has two important roles. It works as a second conductor connected to a common ground wire of the equipment. At the same time, it shields the signal conductor from extraneous emissions, unwanted external signals, or interference, which is usually called electromagnetic interference (EMF) and which can adversely affect the video signal.

The quality of shielding from electromagnetic interference depends on the copper content in the braid. Co-axial cables of market quality contain a loose copper braid with a shielding effect of approximately 80%. Such cables are suitable for normal applications where electromagnetic interference is small. These cables are good in cases where they are laid in a metal conduit or metal pipe, which serves as an additional screen.

postheadericon The Making and the Use of the Bissap

Bissap (hibiscus) is very healthy, many Africans! Many especially like the gravy very much!The flower of the hibiscus plant is rich in antioxidants, vitamin C, protein, lipid and minerals. In Africa, bissap has been used for centuries to treat all kinds of health problems, such as high blood pressure, stress, bladder, kidney and liver problems. Not only the flowers, but also the leaves are used.

The Western world is also convinced of the healing power of the anti-oxidant hibiscus:

  • It lowers blood pressure, counteracts arteriosclerosis and lowers LDL cholestorol levels
  • Works blood-thinning and diuretic (stimulates urinary excretion) and disinfects the bladder and urinary tract
  • Stimulates fat metabolism

Calms

In short: hibiscus prevents cardiovascular diseases, supports the immune system and helps to stay healthy. With that science, a glass of bissap tastes even better!

  • Recipe for bissap (2 liters)
  • Ingredients:
  • 200 gr hibiscus flowers (bissap)
  • 250 gr white (caster) sugar
  • 2 sachets of vanilla sugar
  • Squeezed nutmeg

Place the washed flowers in a pan with 2 liters of water, bring to the boil and simmer for 20 minutes until the water has a nice deep pink / red color

  • Let the juice (or the tea) cool for 10 minutes and remove the flowers with a sieve
  • Add the sugar and vanilla sugar, mix well and taste if it is sweet enough, add honey if necessary
  • Pour the juice into a carafe and drink it warm as a tea, or
  • Pour the juice into PET bottles, put them in the refrigerator and serve the bissap cold as ice-tea

Add together with the vanilla powder in the pot. Switch off the stove, put on the lid and let the tea soak for 20 minutes. Sweeten and sweeten to taste. Serve ice cold. It is also mixed with other fruit juice. Commercial fruit juice is often overloaded. Bissap can further be flavored with vanilla (extract) and / or mint sprigs, with grated ginger or orange blossom water. Bissap gives the stuff a sour ‘kick’ again. Finally, there are people from the Caribbean: they add rum. Serve ice cold. It will be tasty.

postheadericon Finding the Right Factoring Company Can be An Essential Option for You

Factoring is a complex of financial services rendered by the Bank to a client in exchange for the assignment of receivables. Factoring allows companies operating on a deferred payment basis to receive cash on already contracted contracts before paying for goods and services by the buyer. This is one of the effective ways to increase working capital.Factoring provides an opportunity to significantly expand the business, increase trade turnover and enter new markets. Our participation will help grow your business!

The main advantages of factoring

  • A deferred payment, which allows attracting new debtors and starting the development of new markets;
  • Minimizing the risk of delay in receiving payment;
  • Absence of shortage of circulating assets and acceleration of turnover, which contributes to a stable growth in revenue and profit;
  • Granting of financing for the period of actual deferment of payment and repayment on the day of payment by the debtor of the delivered goods, rendered services, which makes it possible to use the attracted funds more effectively;

Repayment of debts is not made by the client, but by its debtors – gradually, as they pay for the delivered goods and services, so there is no need for emergency mobilization of funds on the current account at the time of financing repayment. Here the factoring loans work perfectly.

  • more efficient management of receivables.
  • Factoring from Bank “Saint-Petersburg” is –
  • paid financing up to 90% of the amount of the claim;
  • postponement – up to 120 days plus waiting period;
  • accounting and maintenance of all customer accounts receivables;
  • provision of information on the current status of receivables;
  • no restrictions on the number of debtors;
  • A special offer for suppliers of large retail chains;
  • an individual approach to each client, a flexible system of tariffs;
  • Operative revision of financing limits.

Types of factoring services

  • on a one-off deal;
  • With the establishment of a term and a limit, within which the claims to debtors will be assigned.

Factoring services of this kind are combined with discounting of invoices. The essence of it is that the bank as a factoring buys from its client the right to receive money from customers, while crediting him on the account about 80 percent of the value of the shipped goods immediately, and the rest of the amount-on a due date, regardless of the receipt of money from the debtor. This is, in essence, a loan for shipped goods, for which the client pays a stipulated interest.

Confidential factoring provides for a limited list of services, which include:

  • acquisition from the supplier enterprises of the right to receive payment for commodity transactions from a particular buyer or group of buyers;
  • purchase from suppliers of accounts receivable for goods shipped (rendered services)
  • Purchase of bills from their customers.

Thus, the essence of confidential factoring operations lies in the fact that the bank (factoring department), at its own expense, guarantees the supplier to pay payment orders submitted by him to certain payers immediately on the day of their presentation for collection. In turn, the supplier hands over to the factoring department of the bank the right to receive subsequent payments from these customers.

postheadericon Apex Capital Corp – What is it and how effective it is for business growth?

If you produce products in your company, you have to buy raw materials and individual parts and provide the right machines. As a result, he can get into liquidity problems even before the bill is paid by the customer. Different types of APEX Capital Corp factoring can fill this gap.

Factoring instead of bank credit

Especially in times when banks are reluctant to lend, companies can easily get liquidity problems. With banks having to abide by the policies of governments, interest rates on loans are rising and credit checks are tightening. As a result, entrepreneurs often have to forego planned expansions or even reduce production to solve their liquidity difficulties. Factoring removes this bottleneck and production can continue or increase as planned.

Liquidity difficulties due to payment delay

Invoices that are sent to the customer are often paid late or in installments. This is because the customer initially receives his product and it is often the case to grant a certain payment period. Especially with large bills, installment payments are often agreed so that the buyer has a lower monthly burden. However, the entrepreneur who manufactures and delivers the product may experience liquidity difficulties as he has already had to pay for the product’s manufacturing and shipping expenses. By factoring he can close this gap between delivery and payment.

Advantages of factoring

It should be noted that factoring is a financial service that is beneficial both to the supplier of goods or services, and to a banking institution. The factoring scheme in a simplified form is as follows:

  • At the first stage, the supplier company grants its customer a deferral of payment (most often for a period of 4 days and not more than 180 days), and the right to receive funds is inferior to a factoring company or a bank;
  • Then a banking institution or a specialized company pays the supplier part of the debt instead of the buyer. Usually it is about 70-90% of the total debt of the debtor;
  • The buyer repays the debt to the bank after the expiry of the grace period, in turn; the banking institution pays the supplier the remaining amount of the debt – 10-30%.

Thus, factoring allows the supplier to sell goods on a deferred basis , attract additional buyers with such favorable terms and at the same time do not withdraw current assets, do not wait for the expiration of the grace period, but get almost the entire amount of debt immediately. In addition, the bank takes on all the major risks: interest, liquid, foreign exchange and credit.A banking institution makes a profit from providing financial services and attracting new customers.

\The buyer receives a sufficiently long grace period, can safely deal with the promotion of goods, this type of financial services is especially attractive for start-up entrepreneurs and representatives of small and medium-sized businesses.