Tag: Financing
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.…

business credit services

Avoiding Unnecessary Business Costs

Growing businesses can find themselves strapped for cash. This is because expansion means rising costs in overhead, supplies, and payroll. 82% of business failures are caused by cash flow, so it’s important to trim down the unnecessary costs of business. Even running a lean operation, chances…

small business fintech

FinTech versus FinTouch

FinTech, or technology across financial services, has turned the lending space on its head. Online lending companies within the FinTech category are growing in popularity. With this popularity comes industry disruption. But where does factoring fit in the discussion of FinTech and industry disruption? At Eagle…

cashflow podcast

Smart Books Smart Tax

Listen to host Vernon Foster interview Ian Varley on cash flow and small business financial health here: How to Free Up Your Cashflow: 61% of small businesses struggle with cash flow. Increasing sales and increasing revenue does not equate to healthy cash flow. In fact, growing…

po financing

How to Get More Funding with Factoring

Small business owners looking for financing want to find a one stop shop. What financing can you be approved for that will grow with your business? Small business loans offer low rates most often but the financing potential is fixed. After the loan, your business has…

is fundbox expensive

Are Online Lenders Your Best Option?

We see many clients that previously borrowed capital from large online commercial lenders like Fundbox. The ease of the process–when it works–is a major draw for business owners. Getting funds deposited in your bank account the next day after just clicking a button sounds magical. If…

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…

survive recession

How Can Small Business Survive A Recession?

There is increasing speculation of an impending recession due to the trade war between America and China, Federal Reserve rates lowering, and an inverted yield curve. But what does all this mean to the common small business owner, and what preparation can foresight provide entrepreneurs? Is…

growth plateau

How To Push Past Growth Plateaus

Causes of Plateau Business plan ill-equipped to support growth Lack of Personnel Financial Constraints Market Competition Growth plateaus are common for any business. Typically, they are a part of the small business growth cycle: expansion, plateau, expansion. Prolonged plateaus could be indicative of a more serious…