Tag: bank loans
computer with accounting

Should I Use Accounting Software for My Small Business?

Many small business owners have been turning to accounting software for their bookkeeping needs. Software can be used with or without an accounting department, depending on how lean your business is. Accounting software has stepped in to fulfill the need of monitoring financials and minimizing errors…

Managing funds

3 Strategies of Working Capital Financing

One of the biggest challenges for new and growing companies is managing their working capital. Businesses with slow paying customers can struggle to build enough working capital to build assets as the company grows. One method to help with this issue is through working capital financing.…

Is Invoice Factoring Worth It?

As a small business owner, you are faced with endless options for business funding. You’ve probably considered a bank loan, a line of credit, an online loan, crowdfunding, bootstrapping, or even a merchant cash advance. Maybe you’ve even considered receivables funding like invoice factoring. There is…

accounts receivable management practices

Loans For Small Businesses With Invoice Factoring

Small businesses are the largest contributor to business actions in the United States. In fact, 99.7% of all business is accounted for by the work of businesses with less than 500 employees. Even though they are the backbone of business transactions across the nation, there can…

factoring loans

Bank Loans or Invoice Factoring? Which Is Better For Your Business?

You need money for your business. There are a lot of options available for business financing with bank loans, lines of credit, online lenders, equipment financing, and invoice factoring. With 82% of failed businesses citing cash flow as a reason, finding the right business financier is…

how to choose the right factoring broker

How to Choose the Right Factoring Company: 4 Things to Consider

Invoice factoring is a type of accounts receivable financing that converts outstanding invoices due within 90 days into immediate cash for your business to utilize right away. How to choose the right factoring company Here are some important things to consider when selecting an accounts receivable…

importance of working capital management

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. Want to Share This?