Most factoring companies offer invoice factoring with full recourse. This means that your company has to return the advance (and sometimes pay fees) if your customer does not pay their invoice within the specified factoring time frame - usually 90 days. The two most common reasons why factoring companies exercise recourse and return the invoices to a [...]
Tags: Factoring
With so many people walking away from their mortgages in recent years, it raises the question: Is walking away from your mortgage the moral thing to do? In many cases, the bank is willing to forgive the remainder of the loan for people who simply cannot afford to make their payments any longer and decide [...]
Tags: Mortgage
In a housing market that has gone haywire, many homeowners are debating within their own heads or even aloud with spouses or roommates: should we move or make improvements to the home we already own? The truth of the matter is that more homeowners are choosing to stay and fix up their own home rather [...]
Tags: Home, Home Remodel
In a recent press release, Capital One™ announced the acquisition of HSBC’s US credit card branch. Announcement of the $2.6 billion purchase, completion of which is anticipated in the second quarter of 2012, immediately caused over a 2% jump in Capital One stocks. HSBC, which bills itself as “The world’s local bank,” is headquartered in [...]
Tags: Card, Credit Card
My weekend blog post routine includes posting links to a handful of tools or great content I ran across during the week. I don’t go into depth about the finds, but encourage you check them out if they sound interesting. The photo in the post is a favorite for the week from Flickr. Good stuff [...]
Tags: Weekend, Weekend Favs