The social media giant, Facebook, announced a larger funding initiative. It is a venture into the business funding space from a company that does not focus on funding as a core aspect of their business model. What is Facebook’s new small business funding program and how…
If you operate a small business of any type, then you have probably at least heard of invoice factoring. While invoice factoring is an incredible way to grow your business, most people are simply not aware of how they might use such a service to the…
If you’re running a temporary recruitment agency, you’re probably concerned with generating enough cash flow – much like any other business would be. The unique challenge of running a temp agency is that you need money to advertise your services, pay your taxes and other operating…
In this episode of #TheMoneyFactor, CEO Ian Varley has on guest Steve Nevin to discuss managing small business cash flow and how PPP Loans affect cash flow management. Below is a transcript of the video: Welcome to The Money Factor. Today we’re going to be talking…
More women are becoming entrepreneurs. According to the Census Bureau’s Annual Business Survey, there is an increase in the amount of women starting their own businesses. Notably, there are over 12 million women-owned businesses in America. This is promising news, however there is still a large…
Small businesses are applying for PPP Loans, and they can still get factoring. In fact, it’s easier. There have been new rules with the Paycheck Protection Program, and there is a second draw of PPP loans available to business owners. We encourage businesses that need the…
If you were in business at the beginning of 2020, chances are you considered taking funding from the Paycheck Protection Program or a PPP loan. The program funded 5.2 million small businesses from the Spring to August of 2020. Whether you have spent that money or…
If you are running a small business, you’ve probably found yourself in a frustrating, but very common situation. You may find that your business is running low on cash. Your customers could owe you plenty of money for your goods or services, but without cash on…
Many businesses took Paycheck Protection Program (PPP) loans in order to protect their business from the decline in revenue due to the pandemic. These loans were presented as forgivable, and many business owners have operated under the assumption that they would not need to repay the…
Atlanta, GA – August 3, 2020 – Eagle Business Credit hires Carolyn McClure as Business Development Officer. Carolyn is an accomplished sales professional and will be responsible for securing new client and referral partner relationships. She brings with her nearly twenty years secured lending experience with…