Tag: Factoring
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…

Everything You Need to Know About Small Business Invoicing

Invoicing is a subject that every business knows about or should know about. In this episode of #TheMoneyFactor I discuss invoicing basics from creating to sending to following up. My guest on this episode is my Head of Operations at Eagle, Angela Reece. As an invoicing factoring…

how to choose a factoring service

Financing Your Small Business During COVID-19

Right now many business owners are looking for extra money for their business. Whether it be long or short term, there are many financing options that provide different benefits depending on the size and nature of your operations. Here is how to finance your business right…

Will You Receive the Next Round of Stimulus Funding?

Congress is on the brink of approving the next round of small business stimulus funding in the form of the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan program (EIDL). The first round worth $349 billion ran out in less than two weeks. This round…

invoice factoring atlanta ga

What is the Paycheck Protection Program?

The Paycheck Protection Program is a Small Business Administration program aimed at encouraging small business owners to keep employees on payroll. If a small business keeps all employees on payroll for eight weeks, the SBA will forgive up to 100% of the loan if the loan…

recession incoming

Online Lending During a Recession

There is a lot of discussion about online lenders and the inevitable upcoming recession. While many online lenders are willing to take risks in lending to businesses currently, these risks will be far and few between as a recession sets in. The 2008 recession saw bank…

importance of working capital management

How to Improve Your Business Cash Flow

There are so many reasons why you need to improve your business cash flow. It takes money to make money, so you need to have cash on hand to afford supplier costs, labor costs, overhead, and marketing. When it comes to growing your business, you need…

Can Small Business Expect Growth in 2020?

Trade wars, global uncertainty, and a steady domestic economy make for a lot of talk about business performance this year. Rising costs of materials, uncertainty about international exporting, and cash flow gaps are the biggest challenges for small business owners according to a 2019 Global Business…

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…

factoring terms definitions

Factoring Glossary

Invoice factoring can use some complex language the the average small business owner does not usually encounter on their day-to-day operation. When communicating with our clients or their customers we strive for transparency and simplicity. Below is a glossary of the common terms used in the…