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	<title>Money Management Software Blog &#187; working capital</title>
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	<description>Money Management Solutions - The Cash Flow Managing System</description>
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		<title>Factoring Construction Receivables to Get Working Capital</title>
		<link>http://moneymgmtsolutions.com/blog/small-business-money-management/construction-receivables-factoring/</link>
		<comments>http://moneymgmtsolutions.com/blog/small-business-money-management/construction-receivables-factoring/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 03:19:34 +0000</pubDate>
		<dc:creator>Sandra</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Construction]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Factoring]]></category>
		<category><![CDATA[Industries]]></category>
		<category><![CDATA[Money Management]]></category>
		<category><![CDATA[Small Business Financial Management]]></category>
		<category><![CDATA[Small Business Money Management]]></category>
		<category><![CDATA[accounts receivable]]></category>
		<category><![CDATA[cash flow]]></category>
		<category><![CDATA[working capital]]></category>

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		<description><![CDATA[You&#8217;re ready to start your next construction project. Then you realize the money you need is tied up in accounts receivable. Construction invoice factoring gives you the working capital needed for materials and labor. Your construction receivables are an asset that can be leveraged. Owners of construction companies are frequently hampered by the lack of working capital, particularly when they’re involved in multiple projects. The dilemma is magnified when their funds are tied up in construction receivables. In many cases, materials must be purchased without the benefit of credit and employees must be paid weekly. This can cause a major cash crunch, but construction invoice factoring is an excellent money management solution to the problem. With factoring, cash is advanced to the client upon submission of an invoice. The services being billed must be approved and acceptable to the client’s customer. With construction factoring, there must be a “milestone” for [...]]]></description>
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