Premier Trade Solutions Blog

Our blog provides expert advice and tips on accounts receivable financing and PO factoring to help increase sales and grow your business.

Spring Transitions

by Thomas Cavanaugh | May 15, 2019 | Uncategorized

Spring Transitions Most companies are now fully engaged in working to meet their 2019 objectives. The business plan is set and execution is now the main focus. This is a good time to assess the effectiveness of the company’s support systems. Does it have capacity...

Some Thoughts on Interest and Effective Rates

by Thomas Cavanaugh | Mar 26, 2019 | Uncategorized

Some Thoughts on Interest and Effective Rates We often discuss the analysis of commercial loan opportunities in this space. We have previously reviewed how interest rates and other fees charged for commercial loans should not be taken at face value when assessing...

Calculating the Effective Annual Interest Rate

by Thomas Cavanaugh | Oct 30, 2018 | Factoring, Purchase Order Funding

Calculating the Effective Annual Interest RateI plan to use the next few blogs to talk about the Pros and Cons of various financial products offered to borrowers. Pay Day Loans, PO Financing, Factoring, Asset Based Lending, and various Conventional Bank Products will...

Purchase Order Servicing for the Factoring Community

by Thomas Cavanaugh | Sep 13, 2018 | Purchase Order Funding

PREMIER PO Purchase Order Servicing for the Factoring Community Premier Trade Solutions, Inc has introduced the Premier PO program to help the Factoring Community offer PO financing to their best clients. The program provides a controlled and economical...

PO Finance: A Tool for the Troubled ABL Lender

by Thomas Cavanaugh | Aug 30, 2018 | Purchase Order Funding

PO Finance: A Tool for the Troubled ABL Lender Have you ever considered using PO Finance as a safer means of financing a troubled client? One can view ABL lending, compared to PO finance, as the difference between looking at a forest from thirty thousand feet to...

Factoring’s Best Quality

by Thomas Cavanaugh | Aug 1, 2018 | Factoring

Factoring’s Best Quality: Freedom In addition to quick and reliable access to cash a company gains other benefits through factoring its accounts receivable that are not recognized at first. Freedom for example: To Grow. Sales to good customers will support almost...

A Good Factoring Deal

by Thomas Cavanaugh | Jul 26, 2018 | Factoring

Eight Elements Found In a Good Factoring Deal. Eight things that indicate a good financing opportunity for your company. Quick and reliable access to cash. Funding requirements that are understood and easily met. Freedom to exit at little or no cost if financier fails...

How to best use your new Factor

by Thomas Cavanaugh | Jul 9, 2018 | Factoring

How to best use your new Factor. Often as a company starts off with a Factor they do not know what to do to get the most benefit from this new relationship. Here are some simple tips. Make buying your invoices easy for the Factor. You have a Factor because you want...