FactorONE Blog

The Little Brewing Company, brewers of Wicked Elf and Mad Abbott craft beers, spoke with Food Magazine about the benefits of factoring. A facility with FactorONE enabled the company to take advantage of a major distribution agreement through Woolworths' liquor outlets and prepare for significan......

Choose your lender carefully, it could be worth a lot of money to choose wisely. When deciding on a lender that fits best with your business there are many pitfalls to be aware of. In reality, you have invited a silent partner into your business who is protected by legal documentation - ultimately g......

The Western Australian economy has had its fair share of knocks and shocks over 2014, with more likely to be expected during 2015. But is WA isolated or any different from the rest of Australia? WA is confronting the perfect storm where macro- and micro-events are combining to wreak havoc on both th......

In the context of banking history, “workout” areas are a relatively new phenomenon. In the early 1990s, many of the major banks around the world started to take a different approach to customers that had fallen on hard times. Rather than simply asking them to find another bank and giving them an exi......

Winning a new business deal or new client can be very exciting; even better is when the first payment from the new client hits your bank account. But, what happens when a problem arises and your client cannot or will not make payment on your invoice? It is tempting to ignore the underlying “paper tr......

Ever wondered what happens to your funds that are tied up between you paying an account and the funds being available to your supplier? One thing is for sure, the money is lost to our economy for a few days. If all payments were available to the recipient in real time the economy would benefit signi......