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Growing temporary employment industry facing payment challenge

The economy is growing, which means the working hours of temporary employees are increasing and with it the revenue of temporary employment agencies. This is obviously good news for the temporary employment industry! However, more payments have to be made, while payment terms are long and some clients they’re even longer. How does your organisation solve this? Read more...

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Keep busy with transport and transport your invoices to us

According to Transport and Logistics Holland, trust within the transport industry is at its highest point in 18 years. Revenue in the transport industry is growing, prices are increasing, but so are costs, mostly because of higher fuel and staff costs. The question that many entrepreneurs in the transport industry ask themselves is whether or not they have sufficient working capital to finance the growth. Looking at increasing staff costs and the long payment terms they offer their debtors, the answer is: probably not. How do you solve this if you want your company to grow? Read more...

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Wholesale businesses with future prospects are struggling due to liquidity shortage

If you are a growing wholesale business with good margins and plenty of big, (international) clients, you’re in a good position. You can see a future with lots of growth and you want to take on new assignments. However, this is not possible because you’re struggling with the problem that your international clients demand payment terms of 45 days or even longer, for example. How does this work exactly and what does this mean for the growth of your wholesale business? Read more...

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Struggling with a liquidity shortage? Didn’t think so!

Would you have guessed it? Men are buying more clothes than ever. Last year, sales in the fashion industry sector rose by 4.6 percent. This is the biggest increase in the past ten years. More people bought clothes last year than in previous years and it’s mainly the men who are buying. That’s good news! Isn’t it? Read more ...

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Keep busy building instead of writing invoices

Do you have a company in the construction industry? Then you might have noticed that the construction sector has been experiencing an upward trend in production for the fifth year in a row. That means it’s important to give your liquidity some attention, as more construction means a rise in salary costs and financing the building materials. One solution that is often used to decrease pressure on liquidity in a rising market is factoring. Togather has the solution to this: factoring 2.0! Curious about what this could mean for your construction company? Read more...