Why Invoice Factoring Is Better Than Bank Loans

At some point, every business will need an influx of capital. Startups and rapidly expanding companies are constantly looking for solutions to their financial needs, and bank loans are only able to do so much. Invoice factoring can be a great way to get the cash…

Quick Facts about Factoring

Your transportation business needs to have steady cash flow to grow and succeed. One great way to increase your company’s funding is to obtain invoice factoring. Essentially, factoring services involve selling your company’s accounts receivables for instant cash. If you are still unsure about factoring, here…

5 Ways Factoring Can Help Your Business

Factoring and invoice discounting (also known as “discount factoring”) provides an innovative way to help small businesses grow, but not everyone is familiar with them. Here are some examples of how discount factoring can assist you in getting the most out of your invoices.

Common Myths about Factoring

Factoring, or financing receivables, is a great way for small businesses to maintain critical cash flow. Despite the many positives, there are still a number of misconceptions about factoring that may be preventing some savvy business owners from considering factoring. That’s to their detriment. The practice…

What Is a Working Capital Line of Credit?

Business owners encounter their share of challenges on the way to success and profitability. The excitement of the grand opening gives way to the reality of day-to-day operation and the expenditures that accompany it.

5 Commonly Asked Questions about Freight Factoring

Trucking companies must manage their cash flow carefully just like every other business. This can be tricky when customers take their time paying invoices. Freight factoring is a great way to ensure you always have enough working capital on hand without going into debt.

How to Choose a Truck Factoring Company

Truck factoring is a great way to meet your immediate cash needs instead of wasting your time with billing and invoice collections. By turning over your freight bills to a factoring company, your company receives immediate cash to pay for gas and other expenses. Here are…

The Benefits of Payroll Funding for Small Businesses

Small and medium-sized businesses are more likely to have cash flow problems than big companies. Whether you’re just starting out or have recently expanded, your expenses may be growing exponentially, but the money isn’t coming in quickly enough to cover it. If your clients are not…

How Does Invoice Factoring Work?

Many businesses have to plan meticulously to meet their cash needs. Depending on your collection cycle, you may have invoices that are due to be paid 30, 60, or even 90 days after they are issued. In the meantime, you still need funds to order materials…

The Importance of Working Capital Management for Your Business

Many business owners focus on the numbers on their balance sheet without paying attention to their cash flow needs. To keep your company running and help you expand your business, you must take charge of your working capital. Otherwise, you risk financial insolvency.