Account Receivables

Question by sportfan3224: How much of an advance would a factoring company give for 2 billion dollars in invoices? If 2 million people owe you $ 1,000, what would be your guess? Best answer: Answer by MichelleIt depends on how good the debt is. It would range from zero up to 70%. But they would [...]

Question by sportfan3224: What info is needed to sell debt to someone or a factoring company? Besides the contract that was accepted by the other people. Best answer: Answer by IanFor a single debt, I expect you would need all of the documentation, ie contract, invoice, payment record, statements sent, letters sent and received, note [...]

Question by overstockto: Who are the risks when we factor an invoice with a factoring company? If depends; then what is the ups and downs if its our own risk and if its the factor’s risk? Best answer: Answer by Andy HIf the receivable goes bad, you’re still on the hook for it. The factoring [...]

Question by sportfan3224: Can a factoring company sue someone for giving them fake invoices? If they purchase a large list of fake invoices and do not receive any money from them, can they sue? Best answer: Answer by PossumYes. The person selling the fake invoices could also be charged with fraud. Know better? Leave your [...]

Question by kevinhtoo: How can I evaluate stock of a company? I am interested in stock trading, but I am very new to it. There are many facts about a company to evaluate its stock value, such as P/E ratio, PEG, cashflow, etc. I like to learn about it. Can you please recommend any books [...]

Question by sportfan3224: Besides a factoring company, are there any other ways that debt can be bought from a seller? If a lot of people owe a seller debt from an online service, are there any other places/companies that buy debt from a seller? Are there any other ways that a seller is guaranteed to [...]

Question by : How do you calculate the value of a ‘royalty income’ company with no physical asstes? If you own a compny that has cashflow from owning royalty rights, brings in abour 50K a year, no expenses. How do you calculate the company’s value? Best answer: Answer by rockySince company’s book value represents the [...]

Question by Lucky Me: How do I lease airspace to a satellite company? I own 40 acres of raw land in Nevada and would like it to provide cashflow. Someone told me I could potentially lease the airspace to a satellite company. Has anyone done this? Best answer: Answer by bostonianinmoSomeone’s pulling your leg. Know [...]

Question by jwsiriusjw: Is is legal to sell a bad debt to a collection company and they report the same debt on your credit report? I had a credit card I defaulted on and they sold it to a collection company and the collection company put it on my credit report as well as the [...]

Question by CHRIS C: Does anyone know of a reputable credit repair company for accounts already reported as bad debt? What I would like to know is how to clean up my credit report of items that have already been placed there. Best answer: Answer by no bodythose end up costing you more than if [...]