Archive for July, 2018

Small and medium-sized enterprises (SMEs) can increase their liquidity through a bank loan, overdraft or factoring. A bank loan means long negotiations with a bank for the applicant. A bank overdraft is often very expensive, especially if the account holder overdraws the granted credit line. As a quick and favorable promotion of liquidity, therefore, more and more companies use factoring. Numerous providers have SME factoring in the program by continuously buying outstanding receivables.

For factoring, the vendor receives 80% – 90% of the invoice amount within a few working days. The remainder minus fees will be paid by the factor at the due date of the payment. In addition to low costs, SMEs benefit from several other advantages of this up-to-date form of financing:

Financing function

Financing for small businesses often difficult

Small and medium-sized enterprises often struggle to obtain bank credit or convince other lenders to invest in the firm. Other issues are experienced by customers who have a long payment term or do not pay on time when due. In the worst case, there is a bad debt that can drive the company into ruin. Here, factoring for small businesses to promote liquidity offers.

Advantages of factoring for medium-sized companies and small companies

Liquidity is an important factor for small businesses. Even the default of fewer customers can bring small and medium-sized businesses into financial difficulties. Factoring gives SMEs more security and can save costs. The number of outstanding claims is reduced and the company benefits from a balance sheet reduction. As a result, the credit rating, equity ratio and rating of small companies increase in discussions with suppliers, banks and other business partners. The accounts receivable factoring process is important there.

Protection against Bad Debts and Relief Of Bookkeeping

If the factor assumes the function in addition to the financing function, the creditor no longer has to fear a bad debt loss.

Another service function of factoring is the monitoring of timely payments. In the event of late payment, the factor also takes over dunning and collection. This relieves the creditors’ claims management, which saves staff, time and money and allows them to focus on their core business.

Factoring Fees Often Lower Than Current Account Credit

As a rule, the factoring fees amount to between 1% and 2% of the sold receivable. The amount of the fee depends on the volume of receivables, the payment terms granted and the creditworthiness of companies and end customers.

For a flat-rate calculation example with a claim amount of $ 20,000.00, factoring fees between $ 200.00 and $ 400.00 would have to be expected. The interest on current account overdrafts regularly amounts to an average of 10%, whereby costs and tolerated overdrafts still need to be added. Depending on the intensity of use and its useful life factoring is therefore also a favorable financing alternative from an economic point of view.

They say that small doses of alcohol not only do not harm the cardiovascular system, but also bring it invaluable. But is the effect of alcohol on blood vessels really safe? Let’s work together on this issue.

What role do the vessels play in our body?

Blood vessels are the most important part of the transport system, supplying blood to every cell, system and organ. The correct functioning of the human body depends on the state of these vessels. Therefore, each of us should avoid all those factors that negatively affect the organs of blood supply. In the lighthouse treatment center you will find the best deal.

The effect of alcohol on the state of the vessels

Among hypertensive people there is an opinion that alcohol lowers blood pressure. This is partly true. Spirits really affect the pressure in several stages:

Reduction of blood pressure – occurs immediately after taking a small dose of alcohol. This is due to the property of ethanol to dilate the blood vessels and lower their tone, so that blood flows freely and easily through the body. At the same time, heart rate increases (tachycardia), which causes a rapid ejection of blood through the ventricles. This process lowers blood pressure, but it also worsens the supply of limbs with blood. This process is unstable, since the effect of alcohol on blood vessels and heart depends on the person’s age and dosage. The smaller the dose, the greater the effect. If a person has managed to drink more than one glass a day, the result becomes directly opposite, and the pressure becomes higher.

Sharp increase in pressure

Occurs after a certain period of time and is explained by an increased release of renin, noradrenaline and hypertensin. This phenomenon contributes to a violation in the work of the kidneys, which causes alcohol poisoning and a violation of the water-electrolyte balance.

Such “metamorphoses” do not bring the health of the drinker a tangible benefit, and in the presence of functional disorders of the cardiovascular system and vegeto-vascular dystonia, the negative effect of alcohol on the body increases several times:

  • In the blood vessels clots are formed from the destroyed red blood cells, working on the principle of a snowball. Initially, these clots block access to small capillaries, later they cover the entire blood flow. As a result, we have oxygen starvation and cell death – primarily in the brain;
  • Blood vessels from drinking people become crimped, brittle and thin, so in their body often there are micro outpourings of blood. The blood circulation itself is also broken, and the walls of the vessels are covered with atherosclerotic plaques;
  • Alcohol abuse worsens metabolism, because all useful substances (macro and microelements, vitamins) enter the body through the blood;
  • Alcohol can cause coronary insufficiency;
  • Increasing the level of adrenaline caused by ethanol leads to stress and mental disorders;

Alcohol affects not only the body, but also the soul. A person becomes sluggish, aggressive, inactive, often falls into depression.These changes are irreversible, and with increasing the dose of alcohol they will only worsen.