Bank Said No? This Could Be the Reason Why
Introduction Nothing is as exciting as having a business of your own. It is fulfilling and gives you, the owner, sense of ownership. New entrepreneurs have the opportunity to grow into big companies, achieving their dreams. Today, you enjoy goods and services from...
What Happens After Your Bank Turns You Down for a Business Loan?
You can walk into a bank with reams of papers proving that your small business is credit-worthy. Even despite having a good business plan and good credit, you might walk out of the bank without hopes of getting funding for your business. Small business financing has...
Invoice Factoring Mistakes You Can Easily Avoid
Business clients in some industries can take more than one month to pay for the goods and/or services rendered to them. In such cases, companies can sell their invoices to third party companies known as factors. This method of business financing is known as invoice...
How To Apply For Small Business Funding
Many small businesses often suffer from cash flow problems, which, in turn, play a role in disrupting the smooth flow of business operations. During such times, in most cases, there is a major disparity between the completion of the work versus the duration it takes...
What Is Accounts Receivable Factoring?
In a nutshell, factoring is basically a process of financial transaction between a business and a factoring agency where a business sells its receivables to a factoring agency at a discounted amount in exchange for immediate cash. Factoring largely helps businesses...
Finding Factoring Companies for Trucking
Freight bill factoring is a type of business funding that carriers and brokers use to finance freight bills with slow payments. Operating a trucking company is not easy. Despite drivers and trucks incurring maintenance costs on the road, payments are usually made...
Why Use Factoring To Pay Tax Obligations
Operating a business is not as easy as everyone pictures it It requires commitment, determination, indomitable will power, patience, and a lot of luck. And, it is fairly common for small businesses to have cash flow problems. Many businesses also work on business...
Increase Your Marketing By Invoice Funding
If you own and operate a B2B business, chances are that you have faced cash flow problems in the past. Businesses can suffer tremendously when they face cash flow problems. Of course, you might have piles and piles of outstanding invoices, but what good are they when...
Government Loans for Small Businesses
Government loans can help businesses with purchases, including your land buying rates to the IT equipment purchase. Although there are plenty of grants available for small businesses, getting one approved can be difficult if you aren’t familiar with the procedure....
Why Invoice Factoring Is Better Than Using Credit Cards
Most businesses are looking ways to expand their everyday operations or start new projects. These new advancements are important for the survival and progress of a business in a competitive market. However, such instances also require the business to raise cash for...
Invoice Funding Can Help with Cash Flow Problems
Setting up a business is no small feat. It requires dedication, commitment, and strong business skills - especially in managing one’s finances to keep the organization profitable. After all, nobody would want to go into a particular business if he or she is simply...
How Factoring Can Help With Payroll Expenses
The first few years of operation of a business are the toughest, so much so that it may be a fight for survival. Once you start expanding, you will need extra hands to handle the increasing work so you can focus on the growth of the enterprise. This is the challenge...
How Invoice Factoring For Trucking Companies Works
Reports published by the American Trucking Association estimate that there are at least half a million trucking companies in America. Now, here´s the interesting part of it - more than 80 percent of these companies have less than 20 trucks! Trucking companies are...
Staffing Agency Factoring- How To Keep Cash Flowing
There is no denying that factoring is the cash flow solution to the staffing industry. However, before learning how factoring is beneficial for staffing agencies, it’s important to understand what this process is all about. So, what is factoring? There is a grave...
Invoice Factoring: Dynamic Small Business Funding Opportunities
We live in a tremendously dynamic economic environment and it’s important to manage operations in a swift and comprehensive manner. Unfortunately, as an owner of a small business, you could easily come across a situation in which your customer has failed to pay you on...
Construction Invoice Factoring: Funding Opportunities and Risk Prevention
There are a lot of challenges which are posed in front of a construction company as the field is versatile, dynamic and particular. It goes without saying that delayed payments or failed ones are undoubtedly amongst the most complicated situations to be forced into. A...
Invoice Factoring for Amazon Vendors: The Things to Consider
There are quite a lot of third party e-commerce selling platforms such as Amazon which make it easy and absolutely possible for different manufacturers, regardless of their size, to efficiently bring the items they produce to the worldwide marketplace. There is a...
Factoring Government Contracts: Eliminating Risks
Regardless of whether you are a small business or a large enterprise, a governmental contract is almost always a great opportunity to scale and grow your company. Providing services and goods to government companies and agencies is undoubtedly one of the preferred...