Small and medium businesses are the backbone of the American economy. Statistics put small businesses, businesses with less than 500 employees, at about 99.7% of all businesses in America. With such a huge number, small businesses seem to be thriving all across the country. But this…
How can we predict a recession? Why am I hearing that there will be another recession soon? What can I expect from my business financing during a recession? How do I best prepare for a recession? How can we predict a recession? Well the short answer…
Small businesses aren’t always easy to run, but they play a big role in our economy and actually account for over 99% of all businesses throughout the country. Unfortunately, many fail due to problems with cash flow. If you are looking for ways to help your…
A company utilizes a factoring service for transactions involved selling a company’s services or account receivables to a financial company. The financing company collects payments from the businesses’ customers. This is also commonly known as accounts receivable financing. The reason why companies opt for using these…
Starting a business and successfully running it is challenging. For example, sometimes you may have an invoice, which means it is your money, but in reality, you don’t have the cash in your hand. Invoices take long before they become cash that you can then reinvest…
A small business needs constant cash flow to stay healthy and accomplish its business goals. A business needs money to expand, extend credit to its major customers, make payroll, and meet unanticipated demands. Your company’s cash conversion cycle may mean that money is not always readily…
We have already talked at length about protecting your small business from predatory lending practices. We have even vlogged about confessions of judgment requirements in predatory lending agreements. Now, there is movement on the legislative front in New York for preventing COJ requirements from merchant cash…
Unsurprisingly, businesses success is centered around its finances. In fact, amongst the 28.8 million small businesses in the U.S., issues related to cash flow are the main reason that 82% of them fail, according to a U.S. bank study. Initial startup capital required for a small…
If you are considering starting a small business, you have likely weighed the advantages against the risks. However, if you are a first-time business owner, you might not know all the nuances involved with a venture like this. Below is a list of some tips to…
Funding exports and accounts receivable is an essential aspect that all small business owners need to be aware of. Invoice factoring is a type of accounts receivable financing that converts outstanding invoices within 90 days into immediate cash for an organization to use on other essential…