Tag: credit

Fearless Factoring: Small Business Credit

In much of the financial world, personal or business credit is huge. It can determine whether you are approved or denied, how much funding you are offered, and what interest rates you can receive. Invoice factoring companies, however, do not care about an applicant’s credit score.…

importance of working capital management

Understanding Credit Risk

Now more than ever, it is so important that you increase your working capital in order to protect your business. A recession and global pandemic means that every business is shaken up. It is definitely possible that some of your customers will be unable to pay…

non-recourse factoring

The Difference between Recourse and Non-Recourse Factoring

Cash flow issues affect nearly every small business. To address them, there are numerous small business tools that allow for the influx of capital to cover the cash crunch, but don’t saddle the business with debt. One such tool is factoring. Within factoring, there are Recourse…

time to funding

Immediate Business Financing

I won’t list off all the reasons you may be in need of immediate business financing. There are plenty. There are also plenty of risks to avoid when searching for immediate financing. Typically, your cost of financing will increase for faster approvals. You see this with…

business deadlines

Business Credit and How to Get Funding

Invoice factoring and the amount available for funding relies on your company’s sales rather than the time you have been in business, personal credit score, or business credit score. Only 46% of businesses received the full amount of financing sought according to the 2017 Small Business…

survive recession

How to Get an SBA Economic Injury Disaster Loan

Due to the disruption of small, medium, and large sized businesses in the wake of the COVID-19 response, the Small Business Administration is offering Economic Injury Disaster Loans. These loans are working capital injections that aim to help business owners pay debts, meet payroll, accounts payable,…

Where Are the Gaps in Your Business?

As a small business factoring company, we encourage potential clients to send us their invoices and share how they tackle the invoicing process. Even if we don’t land the client because they don’t need better cash flow at the moment, it’s a mutually beneficial process. Why?…

working capital management

What is Working Capital?

Working capital is the lifeblood of small businesses. You may be making sales and growing revenue, but how does that translate into profit? This is where your working capital and ability to grow without cash flow problems can translate to profit. Having more liabilities than assets…

strategies for working capital funding

How Invoice Factoring is Quick and Smart for Your Business:

Invoice factoring is a fast method of financing for small business owners. Not all fast business funding options are good options. Often they can be expensive, have poor repayment terms, or provide insufficient funding for your needs. Invoice factoring is unique in that it offers growth…