Resources

A huge issue many companies face is not receiving payments on invoices in a timely manner. This is a threat to your business and your working capital, as late payments can negatively affect your cash flow. Fortunately, there are a couple ways to try to prevent late payments.  Accept multiple forms of payment.    Giving your […]

Invoice factoring makes it possible for your business to receive money that is owed to you now, rather than having to wait for invoices to be paid. A factoring company enables this by purchasing your business’s unpaid invoices at a discounted rate and receiving those payments from your clients directly. As a result, it is […]

Invoice factoring, also known as accounts receivable funding, is an effective way to provide your business with working capital rather than having to wait to collect revenue on invoices. It can relieve the worries of not having a consistent cash flow to keep up with any existing expenses. However, there are many myths and misconceptions […]

What is a small business loan? When a company needs working capital, typically they will reach out to traditional banks to try and secure a small business loan. What many companies learn as they go through the small business loan application process, is that it is not easy to receive approval. It takes a significant […]